Calton & Associates Inc. Increases Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Calton & Associates Inc. increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,209 shares of the company’s stock after acquiring an additional 343 shares during the period. Calton & Associates Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $575,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Tran Capital Management L.P. purchased a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $434,000. Destination Wealth Management grew its position in shares of Invesco S&P 500 Equal Weight ETF by 5.1% during the 2nd quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock valued at $328,000 after acquiring an additional 96 shares during the period. Courage Miller Partners LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 0.6% during the 2nd quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock valued at $7,704,000 after acquiring an additional 273 shares during the period. Brookstone Capital Management boosted its holdings in Invesco S&P 500 Equal Weight ETF by 13.5% in the 1st quarter. Brookstone Capital Management now owns 40,069 shares of the company’s stock worth $6,786,000 after buying an additional 4,772 shares during the period. Finally, Roberts Wealth Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth $470,000.

Invesco S&P 500 Equal Weight ETF Trading Down 0.6 %

Invesco S&P 500 Equal Weight ETF stock traded down $1.11 during mid-day trading on Tuesday, hitting $179.21. The stock had a trading volume of 223,693 shares, compared to its average volume of 6,079,091. The firm has a market capitalization of $60.02 billion, a P/E ratio of 20.44 and a beta of 0.90. The firm’s 50 day moving average is $175.73 and its 200 day moving average is $168.94. Invesco S&P 500 Equal Weight ETF has a one year low of $133.34 and a one year high of $182.22.

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).