CORDA Investment Management LLC. Acquires 3,176 Shares of Invesco S&P 500 Equal Weight ETF $RSP

CORDA Investment Management LLC. raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 37.1% in the first quarter, Holdings Channel reports. The fund owned 11,744 shares of the company’s stock after acquiring an additional 3,176 shares during the period. CORDA Investment Management LLC.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,254,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Dorato Capital Management acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $26,000. Nalls Sherbakoff Group LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $29,000. Hurley Capital LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after buying an additional 118 shares during the period. Basepoint Wealth LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $40,000. Finally, Murphy & Mullick Capital Management Corp bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $42,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $214.30 on Monday. The company has a 50 day moving average of $208.58 and a 200-day moving average of $201.70. Invesco S&P 500 Equal Weight ETF has a twelve month low of $179.94 and a twelve month high of $216.37. The stock has a market capitalization of $96.73 billion, a PE ratio of 20.10 and a beta of 0.91.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.