Cerity Partners LLC Acquires 54,925 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Cerity Partners LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 1,756,382 shares of the company’s stock after acquiring an additional 54,925 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 0.5% of Cerity Partners LLC’s holdings, making the stock its 28th biggest position. Cerity Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $333,186,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Crews Bank & Trust boosted its stake in Invesco S&P 500 Equal Weight ETF by 3.3% in the third quarter. Crews Bank & Trust now owns 82,258 shares of the company’s stock valued at $15,604,000 after buying an additional 2,664 shares in the last quarter. New England Capital Financial Advisors LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.5% in the 3rd quarter. New England Capital Financial Advisors LLC now owns 111,388 shares of the company’s stock valued at $21,130,000 after purchasing an additional 1,616 shares in the last quarter. Mccarter Private Wealth Services LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 16.3% during the 3rd quarter. Mccarter Private Wealth Services LLC now owns 6,409 shares of the company’s stock valued at $1,216,000 after purchasing an additional 900 shares during the last quarter. Ironwood Wealth Management LLC. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 22.6% during the 3rd quarter. Ironwood Wealth Management LLC. now owns 42,501 shares of the company’s stock valued at $8,062,000 after purchasing an additional 7,825 shares during the last quarter. Finally, SeaBridge Investment Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 67.1% during the 3rd quarter. SeaBridge Investment Advisors LLC now owns 71,372 shares of the company’s stock worth $13,539,000 after purchasing an additional 28,655 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $197.00 on Wednesday. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $197.25. The company has a market cap of $77.28 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The firm has a 50 day simple moving average of $190.32 and a 200 day simple moving average of $187.95.

About Invesco S&P 500 Equal Weight ETF

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.