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% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,744 shares of the company’s stock after acquiring an additional 3,176 shares during the quarter. CORDA Investment Management LLC.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,254,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Cary Street Partners Investment Advisory LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 5.5% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock worth $188,000 after purchasing an additional 51 shares during the last quarter. Ballast Rock Private Wealth LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 0.8% in the first quarter. Ballast Rock Private Wealth LLC now owns 6,800 shares of the company’s stock valued at $1,305,000 after buying an additional 51 shares during the period. Pacific Point Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 4.2% during the fourth quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock worth $250,000 after buying an additional 52 shares during the last quarter. Merkkuri Wealth Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 0.5% during the first quarter. Merkkuri Wealth Advisors LLC now owns 11,865 shares of the company’s stock worth $2,277,000 after buying an additional 54 shares during the last quarter. Finally, Jessup Wealth Management Inc grew its position in shares of Invesco S&P 500 Equal Weight ETF by 1.8% during the 4th quarter. Jessup Wealth Management Inc now owns 3,068 shares of the company’s stock worth $588,000 after buying an additional 55 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $214.30 on Monday. The stock has a market cap of $96.73 billion, a PE ratio of 20.10 and a beta of 0.91. The stock 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 one year low of $179.94 and a one year high of $216.37.

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.