Clark Asset Management LLC Sells 6,363 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Clark Asset Management LLC cut its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 83.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm 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.

A number of other institutional investors have also recently made changes to their positions in the stock. Cary Street Partners Investment Advisory LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 5.5% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock valued at $188,000 after buying an additional 51 shares during the period. Ballast Rock Private Wealth LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.8% in the first quarter. Ballast Rock Private Wealth LLC now owns 6,800 shares of the company’s stock worth $1,305,000 after acquiring an additional 51 shares during the period. Pacific Point Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 4.2% in the fourth quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock valued at $250,000 after acquiring an additional 52 shares during the last quarter. Strategies Wealth Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 3.5% in the third quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock valued at $307,000 after acquiring an additional 55 shares during the last quarter. Finally, Battery Global Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% in the third quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock valued at $2,411,000 after acquiring an additional 55 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $209.61 on Tuesday. The company has a market capitalization of $90.43 billion, a PE ratio of 20.10 and a beta of 0.91. The company has a 50 day simple moving average of $205.28 and a two-hundred day simple moving average of $199.68. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $175.98 and a fifty-two week high of $214.30.

Invesco S&P 500 Equal Weight ETF 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). 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.