Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Cerity Partners LLC

Cerity Partners LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 11.8% in the fourth quarter, HoldingsChannel reports. The fund owned 1,963,478 shares of the company’s stock after buying an additional 207,096 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 0.5% of Cerity Partners LLC’s portfolio, making the stock its 29th largest holding. Cerity Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $376,124,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in RSP. Brighton Jones LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after acquiring an additional 246 shares during the period. Heck Capital Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $83,931,000. Bison Wealth LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.8% in the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after buying an additional 4,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth $11,553,000. Finally, Gamco Investors INC. ET AL bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth $279,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $207.61 on Tuesday. Invesco S&P 500 Equal Weight ETF has a one year low of $175.98 and a one year high of $210.95. The stock’s fifty day moving average is $201.87 and its 200-day moving average is $198.13. The company has a market capitalization of $89.57 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.