Sageworth Trust Co Raises Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Sageworth Trust Co lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 90,713 shares of the company’s stock after buying an additional 1,569 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 0.9% of Sageworth Trust Co’s holdings, making the stock its 14th largest holding. Sageworth Trust Co’s holdings in Invesco S&P 500 Equal Weight ETF were worth $16,486,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the second quarter worth approximately $25,000. Uniplan Investment Counsel Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $26,000. Richardson Capital Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $30,000. OLD Second National Bank of Aurora bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth $31,000. Finally, Howe & Rusling Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after purchasing an additional 124 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $190.13 on Thursday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $190.54. The stock’s 50-day moving average is $187.07 and its 200 day moving average is $178.91. The company has a market cap of $75.37 billion, a P/E ratio of 20.10 and a beta of 1.05.

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).