Clarus Group Inc. Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Clarus Group Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the third quarter, Holdings Channel reports. The institutional investor bought 1,125 shares of the company’s stock, valued at approximately $202,000.

Several other hedge funds also recently modified their holdings of the stock. Fairman Group LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $27,000. DHJJ Financial Advisors Ltd. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 107.5% in the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after purchasing an additional 100 shares during the period. Creekmur Asset Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 86.5% in the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after buying an additional 90 shares during the period. Central Bank & Trust Co. bought a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $36,000. Finally, VitalStone Financial LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 46.0% in the third quarter. VitalStone Financial LLC now owns 235 shares of the company’s stock worth $42,000 after acquiring an additional 74 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Down 0.9 %

Shares of NYSEARCA:RSP traded down $1.60 during midday trading on Monday, reaching $180.27. 1,794,536 shares of the company traded hands, compared to its average volume of 6,096,845. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $182.22. The firm’s fifty day moving average price is $175.44 and its two-hundred day moving average price is $168.83. The firm has a market capitalization of $60.38 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).