Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stake Boosted by Carret Asset Management LLC

Carret Asset Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,655 shares of the company’s stock after purchasing an additional 443 shares during the quarter. Carret Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,208,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Xponance Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 5.0% during the third quarter. Xponance Inc. now owns 3,131 shares of the company’s stock worth $444,000 after buying an additional 148 shares during the period. J.W. Cole Advisors Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 126.8% in the fourth quarter. J.W. Cole Advisors Inc. now owns 40,455 shares of the company’s stock worth $6,384,000 after purchasing an additional 22,615 shares during the period. TFB Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 38.5% in the fourth quarter. TFB Advisors LLC now owns 1,965 shares of the company’s stock worth $310,000 after purchasing an additional 546 shares during the period. OVERSEA CHINESE BANKING Corp Ltd increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 161.7% in the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 15,493 shares of the company’s stock valued at $2,195,000 after buying an additional 9,573 shares in the last quarter. Finally, Roble Belko & Company Inc bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $263,000.

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

NYSEARCA:RSP traded down $1.44 during trading hours on Thursday, hitting $161.25. 2,936,948 shares of the stock traded hands, compared to its average volume of 6,548,475. The firm has a 50 day moving average price of $164.03 and a 200 day moving average price of $154.84. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $169.80. The firm has a market cap of $54.75 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93.

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).