Cornerstone Advisory LLC Acquires Shares of 1,162 Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Cornerstone Advisory LLC bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,162 shares of the company’s stock, valued at approximately $210,000.

A number of other institutional investors have also modified their holdings of the stock. SJS Investment Consulting Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after purchasing an additional 88 shares in the last quarter. FPC Investment Advisory Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $28,000. Van ECK Associates Corp raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after buying an additional 78 shares in the last quarter. Cambridge Financial Group Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $28,000. Finally, Bridge Generations Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $29,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $175.03 on Friday. The stock’s 50 day moving average price is $169.41 and its 200 day moving average price is $176.37. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $188.16. The company has a market cap of $71.73 billion, a PE ratio of 20.59 and a beta of 1.00.

Invesco S&P 500 Equal Weight ETF 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).