Invesco S&P 500 Equal Weight ETF $RSP Shares Newly Purchased by Sageworth Trust Co

Sageworth Trust Co acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 40,106 shares of the company’s stock, valued at approximately $8,343,000. Invesco S&P 500 Equal Weight ETF makes up 0.3% of Sageworth Trust Co’s holdings, making the stock its 23rd largest position.

Several other institutional investors and hedge funds have also modified their holdings of RSP. Venture Visionary Partners LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the third quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock valued at $80,002,000 after purchasing an additional 5,887 shares during the last quarter. Rhodes Investment Advisors Inc. ADV acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $794,000. Corient Private Wealth LP lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 17.5% during the second quarter. Corient Private Wealth LP now owns 396,727 shares of the company’s stock valued at $84,412,000 after acquiring an additional 58,956 shares during the period. Echo45 Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.8% during the second quarter. Echo45 Advisors LLC now owns 87,450 shares of the company’s stock valued at $18,607,000 after acquiring an additional 2,346 shares during the period. Finally, Comprehensive Financial Consultants Institutional Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $2,939,000. 61.18% of the stock is owned by institutional investors and hedge funds.

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

Invesco S&P 500 Equal Weight ETF stock opened at $223.33 on Thursday. The business’s 50-day simple moving average is $214.99 and its 200 day simple moving average is $208.08. The stock has a market cap of $102.98 billion, a price-to-earnings 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.

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.