Sapient Capital LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 6.4% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 245,151 shares of the company’s stock after purchasing an additional 14,702 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 0.7% of Sapient Capital LLC’s holdings, making the stock its 22nd largest position. Sapient Capital LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $47,049,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Cary Street Partners Investment Advisory LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 5.5% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock worth $188,000 after purchasing an additional 51 shares during the period. Ballast Rock Private Wealth LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 0.8% during the 1st quarter. Ballast Rock Private Wealth LLC now owns 6,800 shares of the company’s stock valued at $1,305,000 after buying an additional 51 shares during the period. Pacific Point Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 4.2% during the 4th quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock valued at $250,000 after buying an additional 52 shares during the period. Merkkuri Wealth Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 0.5% during the 1st quarter. Merkkuri Wealth Advisors LLC now owns 11,865 shares of the company’s stock valued at $2,277,000 after buying an additional 54 shares during the period. Finally, Jessup Wealth Management Inc raised its position in shares of Invesco S&P 500 Equal Weight ETF by 1.8% during the 4th quarter. Jessup Wealth Management Inc now owns 3,068 shares of the company’s stock worth $588,000 after buying an additional 55 shares in the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of NYSEARCA:RSP opened at $215.01 on Monday. The company has a 50 day moving average of $211.72 and a 200-day moving average of $203.78. The firm has a market cap of $97.26 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a twelve month low of $179.94 and a twelve month high of $218.11.
About Invesco S&P 500 Equal Weight ETF
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.
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