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

Carlton Hofferkamp & Jenks Wealth Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 124,032 shares of the company’s stock after acquiring an additional 737 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 8.1% of Carlton Hofferkamp & Jenks Wealth Management LLC’s investment portfolio, making the stock its largest holding. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $20,026,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Texas Permanent School Fund Corp boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 318.5% in the 4th quarter. Texas Permanent School Fund Corp now owns 8,162,449 shares of the company’s stock worth $1,430,306,000 after buying an additional 6,211,920 shares during the last quarter. Temasek Holdings Private Ltd purchased a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $720,730,000. Caisse DE Depot ET Placement DU Quebec bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $620,875,000. Invesco Ltd. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 30.6% during the 4th quarter. Invesco Ltd. now owns 9,993,434 shares of the company’s stock valued at $1,751,149,000 after purchasing an additional 2,338,882 shares during the last quarter. Finally, Bracebridge Capital LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $250,001,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $177.35 on Monday. The company has a market cap of $71.69 billion, a price-to-earnings ratio of 20.59 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $188.16. The firm has a fifty day moving average price of $171.68 and a 200-day moving average price of $175.55.

Invesco S&P 500 Equal Weight ETF Profile

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).