Clarus Group Inc. Boosts Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Clarus Group Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5,094.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 58,442 shares of the company’s stock after purchasing an additional 57,317 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 3.6% of Clarus Group Inc.’s holdings, making the stock its 9th biggest position. Clarus Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,241,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Essex Financial Services Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.8% in the fourth quarter. Essex Financial Services Inc. now owns 80,647 shares of the company’s stock worth $14,132,000 after buying an additional 645 shares during the period. BostonPremier Wealth LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $7,075,000. Focus Financial Network Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.4% in the fourth quarter. Focus Financial Network Inc. now owns 29,815 shares of the company’s stock worth $5,225,000 after buying an additional 1,257 shares during the period. Summit Trail Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 11.2% in the fourth quarter. Summit Trail Advisors LLC now owns 819,821 shares of the company’s stock worth $143,657,000 after buying an additional 82,537 shares during the period. Finally, Sapient Capital LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 45.6% in the fourth quarter. Sapient Capital LLC now owns 204,989 shares of the company’s stock worth $35,920,000 after buying an additional 64,195 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 0.3 %

NYSEARCA RSP opened at $180.73 on Tuesday. The stock’s 50-day moving average price is $179.62 and its 200-day moving average price is $177.59. Invesco S&P 500 Equal Weight ETF has a 52 week low of $156.16 and a 52 week high of $188.16. The company has a market capitalization of $60.53 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).