Sapient Capital LLC Boosts Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Sapient Capital LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 45.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 204,989 shares of the company’s stock after acquiring an additional 64,195 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 0.7% of Sapient Capital LLC’s investment portfolio, making the stock its 29th biggest position. Sapient Capital LLC owned 0.06% of Invesco S&P 500 Equal Weight ETF worth $35,920,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. SJS Investment Consulting Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares in the last quarter. Eastern Bank acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $28,000. GHP Investment Advisors Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after acquiring an additional 72 shares during the period. Truvestments Capital LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at $29,000. Finally, Richardson Financial Services Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after acquiring an additional 83 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $180.73 on Tuesday. The business has a fifty day moving average price of $179.62 and a 200 day moving average price of $177.59. Invesco S&P 500 Equal Weight ETF has a 12 month low of $156.16 and a 12 month high of $188.16. The stock has a market capitalization of $60.53 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).