Carmichael Hill & Associates Inc. Acquires 2,346 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Carmichael Hill & Associates Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 37,202 shares of the company’s stock after acquiring an additional 2,346 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 2.4% of Carmichael Hill & Associates Inc.’s holdings, making the stock its 7th biggest position. Carmichael Hill & Associates Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,665,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in RSP. CPA Asset Management LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 4.7% in the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after purchasing an additional 62 shares during the last quarter. Inlet Private Wealth LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 2.2% in the 3rd quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after buying an additional 63 shares in the last quarter. Delta Investment Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% in the 2nd quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock valued at $2,603,000 after buying an additional 65 shares in the last quarter. America First Investment Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 2.6% during the 2nd quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock worth $428,000 after buying an additional 66 shares during the period. Finally, Opal Wealth Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the second quarter. Opal Wealth Advisors LLC now owns 4,353 shares of the company’s stock worth $715,000 after buying an additional 67 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $176.40 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $137.38 and a 52-week high of $182.22. The stock has a market cap of $59.08 billion, a PE ratio of 20.44 and a beta of 0.90. The firm has a 50-day moving average of $177.03 and a 200-day moving average of $169.80.

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).