Carret Asset Management LLC Purchases 1,288 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Carret Asset Management LLC boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 11.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,382 shares of the company’s stock after buying an additional 1,288 shares during the period. Carret Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,170,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Strategic Financial Concepts LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 21,084.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after purchasing an additional 8,451,521 shares in the last quarter. SPX Gestao de Recursos Ltda increased its holdings in Invesco S&P 500 Equal Weight ETF by 1,502.5% during the 3rd quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock worth $160,348,000 after purchasing an additional 839,150 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $83,931,000. Penserra Capital Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 2,274.4% during the 3rd quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock worth $87,088,000 after purchasing an additional 465,623 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich increased its holdings in Invesco S&P 500 Equal Weight ETF by 32,458.1% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 362,372 shares of the company’s stock worth $70,074,000 after purchasing an additional 361,259 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $169.43 on Friday. The stock has a 50 day moving average price of $178.80 and a two-hundred day moving average price of $179.05. The firm has a market capitalization of $70.43 billion, a P/E ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16.

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).