Sapient Capital LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 2.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 230,449 shares of the company’s stock after purchasing an additional 4,567 shares during the period. Sapient Capital LLC owned 0.06% of Invesco S&P 500 Equal Weight ETF worth $44,520,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of RSP. NBZ Investment Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $26,000. Dorato Capital Management bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $26,000. Aviso Financial Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $28,000. IMA Advisory Services Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $33,000. Finally, Cloud Capital Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $35,000. 61.18% of the stock is owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Stock Performance
RSP stock opened at $201.56 on Monday. The stock has a 50-day moving average price of $197.89 and a 200-day moving average price of $195.95. Invesco S&P 500 Equal Weight ETF has a 1-year low of $173.00 and a 1-year high of $205.53. The firm has a market cap of $86.95 billion, a PE ratio of 20.10 and a beta of 0.92.
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.
See Also
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- Robinhood, SoFi, and Webull Are Telling Very Different Stories
- As Broadcom Eclipses $2 Trillion, Private Credit Giants Wants In
- Target the Red-Hot Spin-Off and Merger Space With These ETFs
- Samsung Joins the $1 Trillion Club as AI Memory Demand Explodes
Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.
