Sageworth Trust Co Purchases 17,171 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Sageworth Trust Co boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 18.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 112,440 shares of the company’s stock after acquiring an additional 17,171 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 0.9% of Sageworth Trust Co’s portfolio, making the stock its 16th largest holding. Sageworth Trust Co’s holdings in Invesco S&P 500 Equal Weight ETF were worth $21,579,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in RSP. Dorato Capital Management purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $26,000. Nalls Sherbakoff Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $29,000. Hurley Capital LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after buying an additional 118 shares in the last quarter. Basepoint Wealth LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $40,000. Finally, Murphy & Mullick Capital Management Corp purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $42,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $212.20 on Thursday. The company has a market capitalization of $94.70 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The business has a 50 day moving average of $208.05 and a 200 day moving average of $201.41. Invesco S&P 500 Equal Weight ETF has a 1-year low of $179.94 and a 1-year high of $216.37.

Invesco S&P 500 Equal Weight ETF Company 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.