Clark Asset Management LLC Has $249,000 Stake in Invesco S&P 500 Equal Weight ETF $RSP

Clark Asset Management LLC lowered its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 83.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,296 shares of the company’s stock after selling 6,363 shares during the quarter. Clark Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $249,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Capital Advisors Ltd. LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.9% during the 1st quarter. Capital Advisors Ltd. LLC now owns 121,041 shares of the company’s stock valued at $23,230,000 after acquiring an additional 2,315 shares during the period. Mountain Pacific Investment Advisers LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 4.5% in the first quarter. Mountain Pacific Investment Advisers LLC now owns 24,043 shares of the company’s stock valued at $4,614,000 after purchasing an additional 1,032 shares in the last quarter. SG Americas Securities LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 2,482.5% in the first quarter. SG Americas Securities LLC now owns 243,971 shares of the company’s stock valued at $46,823,000 after purchasing an additional 234,524 shares in the last quarter. Ironwood Wealth Management LLC. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 5.5% during the first quarter. Ironwood Wealth Management LLC. now owns 48,561 shares of the company’s stock valued at $9,320,000 after purchasing an additional 2,546 shares during the period. Finally, Sunbeam Capital Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at about $243,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $209.61 on Tuesday. The stock has a market capitalization of $90.43 billion, a PE ratio of 20.10 and a beta of 0.91. The company’s 50-day moving average is $205.28 and its 200-day moving average is $199.68. Invesco S&P 500 Equal Weight ETF has a 1 year low of $175.98 and a 1 year high of $214.30.

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). 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.