Carroll Advisory Group LLC lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 2.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 120,937 shares of the company’s stock after purchasing an additional 2,532 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 8.0% of Carroll Advisory Group LLC’s investment portfolio, making the stock its 2nd biggest holding. Carroll Advisory Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $25,157,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the company. Weaver Consulting Group lifted its stake in Invesco S&P 500 Equal Weight ETF by 1.5% in the third quarter. Weaver Consulting Group now owns 3,217 shares of the company’s stock valued at $669,000 after buying an additional 48 shares during the last quarter. Sage Capital Advisors llc grew its position in shares of Invesco S&P 500 Equal Weight ETF by 2.0% during the third quarter. Sage Capital Advisors llc now owns 2,461 shares of the company’s stock worth $512,000 after acquiring an additional 48 shares during the last quarter. Charis Legacy Partners LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 0.5% during the second quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock worth $2,294,000 after acquiring an additional 49 shares during the last quarter. Canvas Wealth Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the 2nd quarter. Canvas Wealth Advisors LLC now owns 4,373 shares of the company’s stock valued at $930,000 after acquiring an additional 50 shares during the period. Finally, Tenon Financial LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.0% in the 3rd quarter. Tenon Financial LLC now owns 5,185 shares of the company’s stock valued at $1,079,000 after acquiring an additional 50 shares during the period. 61.18% of the stock is owned by institutional investors and hedge funds.
Invesco S&P 500 Equal Weight ETF Stock Down 0.4%
NYSEARCA:RSP traded down $0.91 during trading hours on Friday, reaching $214.09. 10,003,003 shares of the company’s stock were exchanged, compared to its average volume of 11,983,996. The firm has a market capitalization of $98.92 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The company has a 50-day moving average of $215.81 and a 200 day moving average of $210.38. Invesco S&P 500 Equal Weight ETF has a 1-year low of $182.11 and a 1-year high of $223.43.
Invesco S&P 500 Equal Weight ETF Company 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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.
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