Cornerstone Wealth Management LLC Sells 1,316 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Cornerstone Wealth Management LLC lowered its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.2% in the 1st quarter, HoldingsChannel.com reports. The fund 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Castle Rock Wealth Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 1.2% during the fourth quarter. Castle Rock Wealth Management LLC now owns 5,964 shares of the company’s stock valued at $926,000 after purchasing an additional 70 shares during the period. Long Run Wealth Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 3.8% during the fourth quarter. Long Run Wealth Advisors LLC now owns 1,929 shares of the company’s stock valued at $304,000 after purchasing an additional 70 shares during the period. SignalPoint Asset Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 4.2% during the first quarter. SignalPoint Asset Management LLC now owns 1,729 shares of the company’s stock valued at $293,000 after purchasing an additional 70 shares during the period. Seelaus Asset Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 0.7% during the fourth quarter. Seelaus Asset Management LLC now owns 10,608 shares of the company’s stock valued at $1,674,000 after purchasing an additional 72 shares during the period. Finally, YHB Investment Advisors Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 3.5% during the fourth quarter. YHB Investment Advisors Inc. now owns 2,225 shares of the company’s stock valued at $351,000 after purchasing an additional 75 shares during the period.

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

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

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).