Sanctuary Advisors LLC Acquires 8,430 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Sanctuary Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.0% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 285,796 shares of the company’s stock after acquiring an additional 8,430 shares during the quarter. Sanctuary Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $54,850,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Dorato Capital Management bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $26,000. Nalls Sherbakoff Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $29,000. Hurley Capital LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 200.0% during the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after acquiring an additional 118 shares in the last quarter. Basepoint Wealth LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $40,000. Finally, Murphy & Mullick Capital Management Corp acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $42,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 0.4%

RSP opened at $213.45 on Wednesday. The company has a fifty day moving average price of $209.00 and a two-hundred day moving average price of $201.98. Invesco S&P 500 Equal Weight ETF has a 1-year low of $179.94 and a 1-year high of $216.37. The company has a market cap of $95.86 billion, a P/E ratio of 20.10 and a beta of 0.91.

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). 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.