40,106 Shares in Invesco S&P 500 Equal Weight ETF $RSP Purchased by Sageworth Trust Co

Sageworth Trust Co bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 40,106 shares of the company’s stock, valued at approximately $8,343,000. Invesco S&P 500 Equal Weight ETF accounts for 0.3% of Sageworth Trust Co’s portfolio, making the stock its 23rd largest holding.

Other institutional investors have also recently bought and sold shares of the company. Highland Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $26,000. Brandywine Financial Group boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 636.8% in the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock worth $30,000 after purchasing an additional 121 shares during the last quarter. Valley National Advisers Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $31,000. Rogco LP acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth $34,000. Finally, Asset Dedication LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth $36,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 1.9%

NYSEARCA RSP opened at $223.33 on Thursday. The stock has a 50-day simple moving average of $214.99 and a 200 day simple moving average of $208.08. The company has a market capitalization of $102.98 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $223.50.

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.