Ceera Investments LLC Acquires 3,077 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Ceera Investments LLC grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 18.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,349 shares of the company’s stock after acquiring an additional 3,077 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 1.4% of Ceera Investments LLC’s portfolio, making the stock its 28th largest holding. Ceera Investments LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,706,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Harbour Investments Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 5.1% in the fourth quarter. Harbour Investments Inc. now owns 86,923 shares of the company’s stock valued at $16,651,000 after acquiring an additional 4,245 shares during the period. Global Assets Advisory LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 20.8% in the fourth quarter. Global Assets Advisory LLC now owns 7,674 shares of the company’s stock valued at $1,470,000 after acquiring an additional 1,323 shares during the period. Fisher Asset Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 84.4% in the fourth quarter. Fisher Asset Management LLC now owns 3,976 shares of the company’s stock valued at $762,000 after acquiring an additional 1,820 shares during the period. Rooted Wealth Advisors Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 20.7% in the fourth quarter. Rooted Wealth Advisors Inc. now owns 7,572 shares of the company’s stock valued at $1,517,000 after acquiring an additional 1,301 shares during the period. Finally, Clearstead Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 12.4% in the fourth quarter. Clearstead Advisors LLC now owns 681,315 shares of the company’s stock worth $130,513,000 after purchasing an additional 75,308 shares during the period. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $206.58 on Tuesday. The stock has a market cap of $89.12 billion, a P/E ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a one year low of $173.00 and a one year high of $206.97. The stock has a fifty day moving average price of $198.72 and a 200 day moving average price of $196.64.

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.