Sage Capital Advisors llc increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 7.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,646 shares of the company’s stock after purchasing an additional 113 shares during the period. Sage Capital Advisors llc’s holdings in Invesco S&P 500 Equal Weight ETF were worth $288,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Riversedge Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 6.7% in the third quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after purchasing an additional 7,883 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 39.6% during the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after acquiring an additional 173 shares during the last quarter. Brown Brothers Harriman & Co. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 17.5% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock valued at $6,614,000 after acquiring an additional 6,001 shares during the period. Brightwater Advisory LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $3,227,000. Finally, Montis Financial LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 61.3% in the third quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock worth $9,992,000 after purchasing an additional 21,202 shares during the period.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of NYSEARCA:RSP traded down $1.85 on Friday, hitting $173.97. 4,951,097 shares of the company’s stock were exchanged, compared to its average volume of 7,125,354. The business’s 50 day simple moving average is $180.95 and its two-hundred day simple moving average is $175.43. The stock has a market capitalization of $58.27 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $153.10 and a 12 month high of $188.16.
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).
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