Carlton Hofferkamp & Jenks Wealth Management LLC Cuts Stake in Invesco S&P 500 Equal Weight ETF (RSP)

Carlton Hofferkamp & Jenks Wealth Management LLC lessened its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,583 shares of the company’s stock after selling 4,396 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 8.8% 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 $14,056,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in RSP. Raymond James Financial Services Advisors Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.0% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 1,919,637 shares of the company’s stock worth $175,456,000 after acquiring an additional 37,141 shares during the last quarter. Raymond James & Associates raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 9.1% in the 4th quarter. Raymond James & Associates now owns 1,775,296 shares of the company’s stock worth $162,263,000 after acquiring an additional 147,581 shares during the last quarter. Lbmc Investment Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.0% in the 4th quarter. Lbmc Investment Advisors LLC now owns 1,205,418 shares of the company’s stock worth $110,175,000 after acquiring an additional 11,394 shares during the last quarter. Astor Investment Management LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.8% in the 4th quarter. Astor Investment Management LLC now owns 671,707 shares of the company’s stock worth $61,394,000 after acquiring an additional 18,293 shares during the last quarter. Finally, PFS Investments Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 298.4% in the 1st quarter. PFS Investments Inc. now owns 655,356 shares of the company’s stock worth $68,445,000 after acquiring an additional 490,854 shares during the last quarter.

Shares of RSP traded down $0.27 on Monday, reaching $106.86. The company’s stock had a trading volume of 9,934 shares, compared to its average volume of 939,964. Invesco S&P 500 Equal Weight ETF has a twelve month low of $85.76 and a twelve month high of $108.89.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Tuesday, March 19th were issued a $0.4785 dividend. The ex-dividend date was Monday, March 18th. This represents a $1.91 dividend on an annualized basis and a dividend yield of 1.79%.

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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).

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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