Cornerstone Wealth Management LLC Boosts Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Cornerstone Wealth Management LLC boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,745 shares of the company’s stock after purchasing an additional 437 shares during the quarter. 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 Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco S&P 500 Equal Weight ETF by 855.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after purchasing an additional 18,390,083 shares in the last quarter. LPL Financial LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after purchasing an additional 354,184 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its position in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock valued at $436,792,000 after buying an additional 98,000 shares in the last quarter. Citigroup Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 10.6% during the 3rd quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock valued at $373,069,000 after buying an additional 198,793 shares in the last quarter. Finally, Lbmc Investment Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 0.3% during the 4th quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock valued at $235,280,000 after buying an additional 4,262 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $182.19 on Friday. The firm’s fifty day moving average price is $180.36 and its 200-day moving average price is $176.44. The stock 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 fifty-two week low of $155.79 and a fifty-two week high of $188.16.

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).