Marco Investment Management LLC Sells 850 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Marco Investment Management LLC lowered its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,239 shares of the company’s stock after selling 850 shares during the quarter. Marco Investment Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,247,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Core Wealth Advisors Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $38,000. GAMMA Investing LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $38,000. SOA Wealth Advisors LLC. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 51.5% during the 4th quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock worth $48,000 after purchasing an additional 103 shares during the last quarter. CVA Family Office LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $76,000. Finally, Massmutual Trust Co. FSB ADV purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $90,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock traded up $0.08 during mid-day trading on Friday, reaching $162.43. The company’s stock had a trading volume of 5,649,491 shares, compared to its average volume of 6,594,313. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $169.80. The company has a market capitalization of $55.15 billion, a P/E ratio of 20.43 and a beta of 0.93. The firm’s fifty day moving average price is $164.11 and its two-hundred day moving average price is $155.22.

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).