Sage Capital Advisors llc Purchases 113 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Sage Capital Advisors llc raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,646 shares of the company’s stock after buying an additional 113 shares during the quarter. Sage Capital Advisors llc’s holdings in Invesco S&P 500 Equal Weight ETF were worth $288,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Ironwood Wealth Management LLC. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 10.5% during the second quarter. Ironwood Wealth Management LLC. now owns 24,282 shares of the company’s stock valued at $3,989,000 after purchasing an additional 2,317 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the second quarter. Principal Financial Group Inc. now owns 6,133 shares of the company’s stock worth $1,008,000 after purchasing an additional 132 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at $272,000. MGO One Seven LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.4% during the second quarter. MGO One Seven LLC now owns 19,648 shares of the company’s stock valued at $3,228,000 after buying an additional 468 shares during the last quarter. Finally, AGF Management Ltd. increased its holdings in Invesco S&P 500 Equal Weight ETF by 2.4% in the 2nd quarter. AGF Management Ltd. now owns 26,468 shares of the company’s stock worth $4,348,000 after buying an additional 632 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 1.1 %

Shares of NYSEARCA RSP traded down $1.85 during trading on Friday, reaching $173.97. 4,951,097 shares of the company traded hands, compared to its average volume of 7,125,354. The firm has a 50 day simple moving average of $180.95 and a 200-day simple moving average of $175.43. Invesco S&P 500 Equal Weight ETF has a 52-week low of $153.10 and a 52-week high of $188.16. The stock has a market capitalization of $58.27 billion, a PE ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF 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).