Cornerstone Wealth Group LLC Takes Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Cornerstone Wealth Group LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 7,709 shares of the company’s stock, valued at approximately $1,306,000.

Other large investors have also modified their holdings of the company. Clal Insurance Enterprises Holdings Ltd acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $860,010,000. Balyasny Asset Management L.P. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $671,392,000. Morgan Stanley increased its stake in Invesco S&P 500 Equal Weight ETF by 12.8% during the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after purchasing an additional 2,153,993 shares in the last quarter. Global Assets Advisory LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at approximately $284,337,000. Finally, Chai Trust Co. LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 926.0% during the 3rd quarter. Chai Trust Co. LLC now owns 1,705,786 shares of the company’s stock valued at $241,693,000 after purchasing an additional 1,539,527 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.1 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $164.28 on Monday. 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 $55.02 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The firm’s 50 day simple moving average is $164.71 and its two-hundred day simple moving average is $162.09.

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).