Marshall & Sterling Wealth Advisors Inc. Purchases Shares of 39,180 Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Marshall & Sterling Wealth Advisors Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 39,180 shares of the company’s stock, valued at approximately $6,865,000. Invesco S&P 500 Equal Weight ETF makes up approximately 4.7% of Marshall & Sterling Wealth Advisors Inc.’s holdings, making the stock its 5th biggest position.

Other large investors have also recently bought and sold shares of the company. SJS Investment Consulting Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares during the period. FPC Investment Advisory Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $28,000. Van ECK Associates Corp increased its stake in Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after purchasing an additional 78 shares during the last quarter. Cambridge Financial Group Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $28,000. Finally, Bridge Generations Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $29,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $167.45 on Friday. The firm’s 50-day simple moving average is $170.52 and its 200-day simple moving average is $177.04. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $188.16. The firm has a market cap of $69.65 billion, a P/E ratio of 19.70 and a beta of 1.01.

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).