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

Sapient Capital LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 263,400 shares of the company’s stock after purchasing an additional 18,249 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 0.7% of Sapient Capital LLC’s portfolio, making the stock its 21st largest holding. Sapient Capital LLC owned about 0.06% of Invesco S&P 500 Equal Weight ETF worth $56,044,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in RSP. Nalls Sherbakoff Group LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $29,000. Brandywine Financial Group lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 636.8% during the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after buying an additional 121 shares during the period. Hurley Capital LLC lifted 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 during the period. Asset Dedication LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth $36,000. Finally, Basepoint Wealth LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $40,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $220.09 on Monday. The firm has a market capitalization of $99.46 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $221.09. The business has a fifty day moving average of $212.86 and a 200 day moving average of $204.50.

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.