Cornerstone Wealth Management LLC Acquires 437 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Cornerstone Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 7,745 shares of the company’s stock after purchasing an additional 437 shares during the period. Cornerstone Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,357,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in RSP. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 855.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after purchasing an additional 18,390,083 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 174.6% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock valued at $384,415,000 after purchasing an additional 1,488,000 shares during the last quarter. SPX Gestao de Recursos Ltda grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1,502.5% during the 3rd quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock valued at $160,348,000 after purchasing an additional 839,150 shares during the last quarter. Penserra Capital Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2,274.4% during the 3rd quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock valued at $87,088,000 after purchasing an additional 465,623 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $63,354,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $182.19 on Friday. The firm has a market cap of $61.02 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $155.79 and a 52 week high of $188.16. The firm’s fifty day moving average is $180.36 and its 200 day moving average is $176.44.

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).