Carlton Hofferkamp & Jenks Wealth Management LLC Has $23.18 Million Stake in Invesco S&P 500 Equal Weight ETF $RSP

Carlton Hofferkamp & Jenks Wealth Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 125,056 shares of the company’s stock after acquiring an additional 1,024 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 8.4% of Carlton Hofferkamp & Jenks Wealth Management LLC’s investment portfolio, making the stock its biggest holding. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $23,175,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Total Clarity Wealth Management Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.4% during the second quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock valued at $782,000 after acquiring an additional 872 shares in the last quarter. Strategic Family Wealth Counselors L.L.C. raised its stake in Invesco S&P 500 Equal Weight ETF by 2.5% in the first quarter. Strategic Family Wealth Counselors L.L.C. now owns 53,961 shares of the company’s stock worth $9,348,000 after buying an additional 1,320 shares in the last quarter. Almanack Investment Partners LLC. bought a new position in Invesco S&P 500 Equal Weight ETF in the second quarter worth approximately $1,545,000. GAMMA Investing LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 21.9% in the first quarter. GAMMA Investing LLC now owns 2,737 shares of the company’s stock worth $474,000 after buying an additional 492 shares in the last quarter. Finally, Biltmore Family Office LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 20.7% in the first quarter. Biltmore Family Office LLC now owns 66,933 shares of the company’s stock worth $11,595,000 after buying an additional 11,477 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.3%

Shares of NYSEARCA:RSP opened at $191.26 on Friday. The company has a market capitalization of $73.85 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $192.30. The firm has a 50 day moving average of $188.66 and a 200 day moving average of $181.13.

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).