Clarkston Capital Partners LLC Purchases Shares of 2,634 Invesco S&P 500 Equal Weight ETF $RSP

Clarkston Capital Partners LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,634 shares of the company’s stock, valued at approximately $505,000.

Several other large investors have also recently added to or reduced their stakes in the company. NBZ Investment Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $26,000. Dorato Capital Management acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $26,000. Aviso Financial Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $28,000. IMA Advisory Services Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $33,000. Finally, Goodman Advisory Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $35,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.9%

Shares of RSP opened at $211.65 on Friday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $175.98 and a 1 year high of $212.12. The stock has a 50 day simple moving average of $203.40 and a 200-day simple moving average of $198.74. The stock has a market cap of $91.31 billion, a PE ratio of 20.10 and a beta of 0.91.

Invesco S&P 500 Equal Weight ETF Company 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.