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

Sapient Capital LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 276,775 shares of the company’s stock after purchasing an additional 13,375 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 0.8% of Sapient Capital LLC’s portfolio, making the stock its 18th largest holding. Sapient Capital LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $57,575,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. CoreCap Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 23.7% during the 3rd quarter. CoreCap Advisors LLC now owns 575,518 shares of the company’s stock worth $119,719,000 after buying an additional 110,257 shares during the last quarter. Atwood & Palmer Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 9.6% in the third quarter. Atwood & Palmer Inc. now owns 32,781 shares of the company’s stock valued at $6,819,000 after buying an additional 2,860 shares during the last quarter. YHB Investment Advisors Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $778,000. Apella Capital LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 37.3% during the third quarter. Apella Capital LLC now owns 3,176 shares of the company’s stock worth $669,000 after acquiring an additional 863 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $1,881,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.6%

NYSEARCA RSP traded up $1.27 on Thursday, hitting $211.87. The stock had a trading volume of 12,410,387 shares, compared to its average volume of 12,096,589. The company’s 50-day moving average is $216.42 and its two-hundred day moving average is $209.57. The stock has a market cap of $96.42 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $223.43.

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.