Clark Asset Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,293 shares of the company’s stock, valued at approximately $235,000.
A number of other institutional investors and hedge funds have also bought and sold shares of RSP. Alexander Labrunerie & CO. Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 23.7% in the 2nd quarter. Alexander Labrunerie & CO. Inc. now owns 10,142 shares of the company’s stock valued at $1,843,000 after acquiring an additional 1,940 shares during the period. SYM FINANCIAL Corp increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 57,500.0% in the 2nd quarter. SYM FINANCIAL Corp now owns 1,152 shares of the company’s stock valued at $209,000 after acquiring an additional 1,150 shares during the period. Cobblestone Capital Advisors LLC NY purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $242,000. Brookwood Investment Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $414,000. Finally, GoalVest Advisory LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $34,000. 61.18% of the stock is owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Trading Down 0.9%
Shares of NYSEARCA:RSP opened at $190.46 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $192.33. The business’s fifty day simple moving average is $188.86 and its 200-day simple moving average is $181.84. The company has a market capitalization of $73.54 billion, a PE ratio of 20.10 and a beta of 0.99.
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).
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