Sapient Capital LLC Raises Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Sapient Capital LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.4% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 225,882 shares of the company’s stock after acquiring an additional 3,032 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 0.7% of Sapient Capital LLC’s holdings, making the stock its 28th biggest position. Sapient Capital LLC owned approximately 0.06% of Invesco S&P 500 Equal Weight ETF worth $42,739,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in RSP. Nova Wealth Management Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $26,000. Investment Counsel Co. of Nevada bought a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $29,000. Tompkins Financial Corp purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $32,000. Finally, Howe & Rusling Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after buying an additional 124 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $193.84 on Friday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $195.46. The company has a market cap of $74.98 billion, a P/E ratio of 20.10 and a beta of 0.99. The stock’s fifty day moving average price is $189.93 and its 200-day moving average price is $187.13.

Invesco S&P 500 Equal Weight ETF Profile

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.