Marshall & Sterling Wealth Advisors Inc. trimmed its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 34.4% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 4,685 shares of the company’s stock after selling 2,456 shares during the period. Marshall & Sterling Wealth Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $899,000 as of its most recent filing with the SEC.
Several other large investors have also recently made changes to their positions in RSP. Brookstone Capital Management lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the fourth quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock worth $51,697,000 after purchasing an additional 6,481 shares in the last quarter. Banta Asset Management LP acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $1,654,000. Allen Investment Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 32.8% in the fourth quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock valued at $27,286,000 after purchasing an additional 35,220 shares in the last quarter. Vise Technologies Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 144.2% during the 4th quarter. Vise Technologies Inc. now owns 5,051 shares of the company’s stock worth $968,000 after buying an additional 2,983 shares during the period. Finally, Capital Investment Advisory Services LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 67.5% during the 4th quarter. Capital Investment Advisory Services LLC now owns 70,925 shares of the company’s stock worth $13,586,000 after buying an additional 28,586 shares during the period. 61.18% of the stock is currently owned by institutional investors and hedge funds.
Invesco S&P 500 Equal Weight ETF Stock Down 0.8%
Invesco S&P 500 Equal Weight ETF stock opened at $213.37 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $179.94 and a 52-week high of $216.37. The firm has a market cap of $95.81 billion, a PE ratio of 20.10 and a beta of 0.91. The company’s 50 day moving average is $209.58 and its two-hundred day moving average is $202.35.
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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