Carret Asset Management LLC Buys 443 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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

A number of other institutional investors have also recently made changes to their positions in the stock. Morgan Stanley boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 12.8% during the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after purchasing an additional 2,153,993 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Invesco S&P 500 Equal Weight ETF by 70.7% during the third quarter. Bank of New York Mellon Corp now owns 3,732,901 shares of the company’s stock valued at $528,915,000 after buying an additional 1,545,894 shares during the last quarter. Chai Trust Co. LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 926.0% in the third quarter. Chai Trust Co. LLC now owns 1,705,786 shares of the company’s stock worth $241,693,000 after purchasing an additional 1,539,527 shares during the period. Ameriprise Financial Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 53.1% in the third quarter. Ameriprise Financial Inc. now owns 3,120,094 shares of the company’s stock worth $449,410,000 after buying an additional 1,082,620 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $165,805,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP traded down $1.44 during mid-day trading on Thursday, reaching $161.25. 2,936,948 shares of the company’s stock traded hands, compared to its average volume of 6,548,475. The stock has a market cap of $54.75 billion, a P/E ratio of 20.43 and a beta of 0.93. The stock’s 50-day moving average is $164.03 and its two-hundred day moving average is $154.84. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $169.80.

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).