Marco Investment Management LLC Reduces Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Marco Investment Management LLC decreased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,728 shares of the company’s stock after selling 350 shares during the quarter. Marco Investment Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,551,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Rosenberg Matthew Hamilton grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the first quarter. Rosenberg Matthew Hamilton now owns 3,951 shares of the company’s stock valued at $684,000 after purchasing an additional 61 shares during the period. D L Carlson Investment Group Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.3% in the fourth quarter. D L Carlson Investment Group Inc. now owns 4,771 shares of the company’s stock valued at $836,000 after purchasing an additional 63 shares during the period. RWA Wealth Partners LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.0% in the fourth quarter. RWA Wealth Partners LLC now owns 6,360 shares of the company’s stock valued at $1,114,000 after purchasing an additional 64 shares during the period. Live Oak Private Wealth LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.0% in the first quarter. Live Oak Private Wealth LLC now owns 3,428 shares of the company’s stock valued at $594,000 after purchasing an additional 67 shares during the period. Finally, Novem Group grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 5.6% in the first quarter. Novem Group now owns 1,291 shares of the company’s stock valued at $224,000 after purchasing an additional 68 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.6%

Shares of RSP opened at $186.62 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $188.16. The firm has a 50-day moving average price of $180.68 and a 200 day moving average price of $176.29. The firm has a market capitalization of $74.91 billion, a P/E ratio of 20.10 and a beta of 1.05.

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).