Claris Financial LLC Invests $535,000 in Invesco S&P 500 Equal Weight ETF $RSP

Claris Financial LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,795 shares of the company’s stock, valued at approximately $535,000.

A number of other institutional investors have also recently made changes to their positions in the business. Morgan Stanley increased its stake in Invesco S&P 500 Equal Weight ETF by 7.9% during the fourth quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock worth $6,004,682,000 after acquiring an additional 2,285,526 shares during the last quarter. Varma Mutual Pension Insurance Co bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $327,184,000. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $306,496,000. BW Gestao de Investimentos Ltda. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $287,168,000. Finally, State of Wisconsin Investment Board boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 14.3% in the 4th quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock worth $1,625,486,000 after purchasing an additional 1,060,181 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $209.96 on Friday. The company has a market cap of $90.58 billion, a P/E ratio of 20.10 and a beta of 0.91. The business’s 50 day moving average price is $204.81 and its 200-day moving average price is $199.40. 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.

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.