2,532 Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Carroll Advisory Group LLC

Carroll Advisory Group LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 120,937 shares of the company’s stock after acquiring an additional 2,532 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 8.0% of Carroll Advisory Group LLC’s investment portfolio, making the stock its 2nd biggest holding. Carroll Advisory Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $25,157,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Highland Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $26,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $29,000. Brandywine Financial Group lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 636.8% during the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock worth $30,000 after purchasing an additional 121 shares during the period. Rogco LP acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth $34,000. Finally, Asset Dedication LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth $36,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 0.4%

NYSEARCA:RSP traded down $0.91 during midday trading on Friday, reaching $214.09. The stock had a trading volume of 10,003,003 shares, compared to its average volume of 11,983,996. The firm has a fifty day simple moving average of $215.81 and a two-hundred day simple moving average of $210.38. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $223.43. The stock has a market cap of $98.92 billion, a P/E ratio of 20.10 and a beta of 0.92.

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.