CORDA Investment Management LLC. Has $1.64 Million Holdings in Invesco S&P 500 Equal Weight ETF $RSP

CORDA Investment Management LLC. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 60.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,568 shares of the company’s stock after buying an additional 3,212 shares during the quarter. CORDA Investment Management LLC.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,641,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in RSP. Varma Mutual Pension Insurance Co acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $327,184,000. Northwestern Mutual Wealth Management Co. raised its stake in Invesco S&P 500 Equal Weight ETF by 2.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock worth $4,798,090,000 after buying an additional 635,369 shares during the period. Endurance Services Ltd acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $96,962,000. Schusterman Interests LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 420.8% during the 3rd quarter. Schusterman Interests LLC now owns 625,000 shares of the company’s stock worth $118,562,000 after buying an additional 505,000 shares during the period. Finally, Heck Capital Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $83,931,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $203.54 on Friday. The business’s 50-day moving average price is $197.95 and its two-hundred day moving average price is $195.42. Invesco S&P 500 Equal Weight ETF has a 1 year low of $171.79 and a 1 year high of $205.53. The company has a market capitalization of $87.81 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92.

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). 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.