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

Carret Asset Management LLC raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 17.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,969 shares of the company’s stock after purchasing an additional 3,705 shares during the quarter. 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 reporting period.

A number of other institutional investors also recently modified their holdings of RSP. NBZ Investment Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $26,000. Dorato Capital Management acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $26,000. Aviso Financial Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $28,000. Hurley Capital LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after acquiring an additional 118 shares in the last quarter. Finally, Goodman Advisory Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $35,000. 61.18% of the stock is currently owned by institutional investors.

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

Shares of RSP opened at $212.17 on Wednesday. The stock has a market capitalization 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 twelve month low of $175.98 and a twelve month high of $214.30. The company has a 50 day moving average of $204.17 and a 200-day moving average of $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.