Marshall & Sterling Wealth Advisors Inc. Lowers Stake in Invesco S&P 500 Equal Weight ETF $RSP

Marshall & Sterling Wealth Advisors Inc. lessened its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 82.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,141 shares of the company’s stock after selling 34,492 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 0.9% of Marshall & Sterling Wealth Advisors Inc.’s investment portfolio, making the stock its 27th biggest position. Marshall & Sterling Wealth Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,368,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of RSP. NBZ Investment Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $26,000. Dorato Capital Management purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $26,000. Aviso Financial Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $28,000. IMA Advisory Services Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $33,000. Finally, Cloud Capital Management LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $35,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.4%

NYSEARCA:RSP opened at $208.25 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $174.27 and a 12 month high of $208.89. The stock has a 50 day moving average of $199.50 and a two-hundred day moving average of $197.08. The firm has a market cap of $89.84 billion, a P/E ratio of 20.10 and a beta of 0.92.

About Invesco S&P 500 Equal Weight ETF

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.