Carret Asset Management LLC Has $1.59 Million Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Carret Asset Management LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 22.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,355 shares of the company’s stock after buying an additional 1,700 shares during the period. Carret Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,585,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Partnership Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $25,000. Howe & Rusling Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $26,000. GAMMA Investing LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $38,000. SOA Wealth Advisors LLC. increased its position in Invesco S&P 500 Equal Weight ETF by 51.5% during the 4th quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock worth $48,000 after buying an additional 103 shares during the period. Finally, Missouri Trust & Investment Co lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 98.5% during the fourth quarter. Missouri Trust & Investment Co now owns 397 shares of the company’s stock worth $63,000 after buying an additional 197 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock traded up $0.07 on Wednesday, hitting $163.75. The company’s stock had a trading volume of 2,741,598 shares, compared to its average volume of 6,023,499. 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 company has a market capitalization of $54.85 billion, a PE ratio of 20.44 and a beta of 0.90. The stock’s 50 day moving average is $164.77 and its 200-day moving average is $162.18.

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).