Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Marshall & Sterling Wealth Advisors Inc.

Marshall & Sterling Wealth Advisors Inc. trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 34.4% during the first quarter, Holdings Channel reports. The institutional investor owned 4,685 shares of the company’s stock after selling 2,456 shares during the quarter. Marshall & Sterling Wealth Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $899,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in RSP. Brookstone Capital Management lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the 4th 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 during the last quarter. Banta Asset Management LP acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $1,654,000. Allen Investment Management LLC increased its holdings in 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 buying an additional 35,220 shares during the last quarter. Vise Technologies Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 144.2% in the fourth quarter. Vise Technologies Inc. now owns 5,051 shares of the company’s stock valued at $968,000 after buying an additional 2,983 shares during the last quarter. Finally, Capital Investment Advisory Services LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 67.5% in the fourth quarter. Capital Investment Advisory Services LLC now owns 70,925 shares of the company’s stock valued at $13,586,000 after buying an additional 28,586 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $213.37 on Friday. The company has a market capitalization of $95.81 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The business has a 50-day moving average of $209.58 and a two-hundred day moving average of $202.35. Invesco S&P 500 Equal Weight ETF has a 1 year low of $179.94 and a 1 year high of $216.37.

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). 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.