Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stock Position Lifted by Carlton Hofferkamp & Jenks Wealth Management LLC

Carlton Hofferkamp & Jenks Wealth Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 122,672 shares of the company’s stock after acquiring an additional 672 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 7.0% of Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings, making the stock its 2nd biggest position. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $21,665,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of RSP. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 855.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after acquiring an additional 18,390,083 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 48.9% during the first quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after buying an additional 2,328,560 shares during the period. Strategic Financial Concepts LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 11,793.3% during the second quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock valued at $10,524,000 after buying an additional 6,352,369 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.9% during the second quarter. LPL Financial LLC now owns 3,736,455 shares of the company’s stock valued at $613,825,000 after buying an additional 34,825 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,011,313 shares of the company’s stock valued at $494,698,000 after acquiring an additional 11,263 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $183.61 on Wednesday. The stock has a 50-day moving average of $178.06 and a two-hundred day moving average of $170.89. The stock has a market cap of $61.50 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $140.06 and a one year high of $185.79.

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).