Marco Investment Management LLC Buys 465 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Marco Investment Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.1% in the third quarter, Holdings Channel reports. The fund owned 15,234 shares of the company’s stock after acquiring an additional 465 shares during the quarter. Marco Investment Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,729,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Eastern Bank bought a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $28,000. GHP Investment Advisors Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after buying an additional 72 shares during the period. Richardson Financial Services Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after buying an additional 83 shares in the last quarter. Bristlecone Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $33,000. Finally, Riggs Asset Managment Co. Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 146.7% during the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock worth $33,000 after acquiring an additional 110 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $185.53 on Friday. The stock has a fifty day moving average of $179.66 and a 200-day moving average of $171.95. The stock has a market cap of $62.14 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $146.09 and a fifty-two week high of $185.79.

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).