Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Carlton Hofferkamp & Jenks Wealth Management LLC’s 2nd Largest Position

Carlton Hofferkamp & Jenks Wealth Management LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.6% during the 3rd quarter, Holdings Channel.com reports. The firm 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 holding. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $21,665,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Eastern Bank acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $28,000. Richardson Financial Services Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after buying an additional 83 shares during the period. GHP Investment Advisors Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after buying an additional 72 shares in the last quarter. DHJJ Financial Advisors Ltd. increased its holdings in Invesco S&P 500 Equal Weight ETF by 107.5% in the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after buying an additional 100 shares in the last quarter. Finally, Creekmur Asset Management LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 86.5% in the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after acquiring an additional 90 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Down 0.8 %

NYSEARCA:RSP opened at $183.61 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $140.06 and a 52 week high of $185.79. The stock’s 50-day moving average price is $178.06 and its 200-day moving average price is $170.89. The stock has a market capitalization of $61.50 billion, a PE ratio of 20.44 and a beta of 0.90.

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).