Clarus Wealth Advisors lowered its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 9.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,475 shares of the company’s stock after selling 2,677 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 2.3% of Clarus Wealth Advisors’ holdings, making the stock its 10th biggest holding. Clarus Wealth Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $4,624,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Eastern Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $28,000. Richardson Financial Services Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares during the last quarter. GHP Investment Advisors Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after purchasing an additional 72 shares in the last quarter. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $29,000. Finally, Riggs Asset Managment Co. Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 146.7% in the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock worth $33,000 after purchasing an additional 110 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Stock Up 0.8 %
Shares of Invesco S&P 500 Equal Weight ETF stock opened at $176.08 on Wednesday. The business has a 50-day moving average price of $180.80 and a 200 day moving average price of $175.79. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $153.10 and a fifty-two week high of $188.16. The firm has a market cap of $58.98 billion, a P/E ratio of 20.44 and a beta of 0.90.
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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