Clark Asset Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,293 shares of the company’s stock, valued at approximately $235,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Nova Wealth Management Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $25,000. Uniplan Investment Counsel Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $26,000. Richardson Capital Management LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth $30,000. Howe & Rusling Inc. raised its position in 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 valued at $33,000 after purchasing an additional 124 shares in the last quarter. Finally, GoalVest Advisory LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $34,000. 61.18% of the stock is owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Stock Down 0.9%
Shares of NYSEARCA RSP opened at $190.46 on Wednesday. The business has a fifty day simple moving average of $188.86 and a two-hundred day simple moving average of $181.84. The firm has a market cap of $73.54 billion, a PE ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $192.33.
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).
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