Invesco S&P 500 Equal Weight ETF $RSP is Carlton Hofferkamp & Jenks Wealth Management LLC’s 2nd Largest Position

Carlton Hofferkamp & Jenks Wealth Management LLC decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 120,873 shares of the company’s stock after selling 6,087 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 7.3% of Carlton Hofferkamp & Jenks Wealth Management LLC’s portfolio, making the stock its 2nd biggest holding. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $24,391,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of RSP. Dorato Capital Management purchased a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $26,000. Nalls Sherbakoff Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $29,000. Hurley Capital LLC increased its holdings in shares of 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 worth $34,000 after buying an additional 118 shares during the last quarter. Goodman Advisory Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $35,000. Finally, Basepoint Wealth LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $40,000. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $214.91 on Monday. The stock has a 50-day moving average of $207.33 and a 200 day moving average of $200.94. Invesco S&P 500 Equal Weight ETF has a 12 month low of $179.94 and a 12 month high of $215.61. The firm has a market cap of $94.78 billion, a P/E ratio of 20.10 and a beta of 0.91.

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.