Carret Asset Management LLC Acquires 3,705 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Carret Asset Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 17.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,969 shares of the company’s stock after acquiring an additional 3,705 shares during the period. Carret Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,783,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of RSP. Cary Street Partners Investment Advisory LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 5.5% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock worth $188,000 after acquiring an additional 51 shares in the last quarter. Pacific Point Advisors LLC grew its stake 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 purchasing an additional 52 shares in the last quarter. Drucker Wealth 3.0 LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 3.3% in the third quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock valued at $323,000 after purchasing an additional 55 shares in the last quarter. Strategies Wealth Advisors LLC grew its stake 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 purchasing an additional 55 shares in the last quarter. Finally, Battery Global Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the 3rd quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock worth $2,411,000 after purchasing an additional 55 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.3%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $212.17 on Wednesday. The stock has a market cap of $91.53 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12-month low of $175.98 and a 12-month high of $214.30. The business’s 50 day moving average is $204.17 and its 200-day moving average is $199.14.

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.