Cornerstone Wealth Management LLC Has $1.34 Million Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Cornerstone Wealth Management LLC cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 14.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,937 shares of the company’s stock after selling 1,316 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,344,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Partnership Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $25,000. Howe & Rusling Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $26,000. GAMMA Investing LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $38,000. SOA Wealth Advisors LLC. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 51.5% during the fourth quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock valued at $48,000 after purchasing an additional 103 shares in the last quarter. Finally, Missouri Trust & Investment Co boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 98.5% during the fourth quarter. Missouri Trust & Investment Co now owns 397 shares of the company’s stock valued at $63,000 after purchasing an additional 197 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.0 %

Shares of RSP stock opened at $163.75 on Friday. The business’s 50-day moving average price is $164.79 and its 200-day moving average price is $162.19. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $169.80. The firm has a market capitalization of $54.85 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF Profile

(Free Report)

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).

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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