Marino Stram & Associates LLC Purchases 2,465 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Marino Stram & Associates LLC raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,979 shares of the company’s stock after acquiring an additional 2,465 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 1.0% of Marino Stram & Associates LLC’s investment portfolio, making the stock its 16th largest holding. Marino Stram & Associates LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,754,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of RSP. Dorato Capital Management acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $26,000. Nalls Sherbakoff Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $29,000. Hurley Capital LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 200.0% in the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after buying an additional 118 shares during the period. Basepoint Wealth LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $40,000. Finally, Murphy & Mullick Capital Management Corp bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $42,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.1%

RSP stock opened at $214.73 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $179.94 and a 1-year high of $216.37. The business’s 50 day simple moving average is $207.84 and its 200 day simple moving average is $201.26. The firm has a market capitalization of $95.83 billion, a PE ratio of 20.10 and a beta of 0.91.

About Invesco S&P 500 Equal Weight ETF

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.