Maridea Wealth Management LLC Buys 9,360 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Maridea Wealth Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 873.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,432 shares of the company’s stock after purchasing an additional 9,360 shares during the period. Maridea Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,998,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in RSP. Occidental Asset Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $325,000. Permanent Capital Management LP grew its position in Invesco S&P 500 Equal Weight ETF by 0.6% during the fourth quarter. Permanent Capital Management LP now owns 218,091 shares of the company’s stock worth $41,778,000 after buying an additional 1,380 shares in the last quarter. Procyon Advisors LLC grew its position in Invesco S&P 500 Equal Weight ETF by 216.3% during the fourth quarter. Procyon Advisors LLC now owns 40,400 shares of the company’s stock worth $7,739,000 after buying an additional 27,628 shares in the last quarter. Parisi Gray Wealth Management increased its stake in Invesco S&P 500 Equal Weight ETF by 1.3% during the fourth quarter. Parisi Gray Wealth Management now owns 10,250 shares of the company’s stock valued at $1,964,000 after acquiring an additional 134 shares during the period. Finally, Magnus Financial Group LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 6.0% during the fourth quarter. Magnus Financial Group LLC now owns 39,588 shares of the company’s stock valued at $7,583,000 after acquiring an additional 2,256 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 1.5%

Shares of RSP stock opened at $190.48 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $205.24. The company has a market capitalization of $78.99 billion, a P/E ratio of 20.10 and a beta of 0.99. The stock has a 50 day moving average of $199.62 and a two-hundred day moving average of $193.35.

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). 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.