Marks Group Wealth Management Inc Buys 348 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Marks Group Wealth Management Inc boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,324 shares of the company’s stock after buying an additional 348 shares during the quarter. Marks Group Wealth Management Inc’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,314,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in RSP. DAVENPORT & Co LLC grew its position in Invesco S&P 500 Equal Weight ETF by 2.7% during the third quarter. DAVENPORT & Co LLC now owns 83,082 shares of the company’s stock valued at $11,772,000 after buying an additional 2,201 shares during the period. Park Place Capital Corp raised its stake in Invesco S&P 500 Equal Weight ETF by 16.7% during the third quarter. Park Place Capital Corp now owns 12,832 shares of the company’s stock valued at $1,818,000 after purchasing an additional 1,835 shares in the last quarter. Bellecapital International Ltd. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at $9,493,000. Founders Financial Securities LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 66.6% during the third quarter. Founders Financial Securities LLC now owns 27,220 shares of the company’s stock valued at $3,857,000 after purchasing an additional 10,882 shares in the last quarter. Finally, SJS Investment Consulting Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at $26,000.

Invesco S&P 500 Equal Weight ETF Stock Up 1.0 %

Invesco S&P 500 Equal Weight ETF stock traded up $1.66 during mid-day trading on Tuesday, reaching $162.69. 2,475,333 shares of the company’s stock traded hands, compared to its average volume of 6,605,671. The company has a market cap of $55.24 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93. The stock has a 50 day moving average of $163.85 and a two-hundred day moving average of $154.63. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $169.80.

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).