Cerity Partners LLC Increases Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Cerity Partners LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 11.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,963,478 shares of the company’s stock after purchasing an additional 207,096 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 0.5% of Cerity Partners LLC’s holdings, making the stock its 29th largest holding. Cerity Partners LLC owned about 0.47% of Invesco S&P 500 Equal Weight ETF worth $376,124,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Varma Mutual Pension Insurance Co bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $327,184,000. BW Gestao de Investimentos Ltda. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $287,168,000. Northwestern Mutual Wealth Management Co. boosted its position in Invesco S&P 500 Equal Weight ETF by 3.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock valued at $5,028,875,000 after purchasing an additional 959,176 shares during the period. Axxcess Wealth Management LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 5,593.7% during the 4th quarter. Axxcess Wealth Management LLC now owns 972,762 shares of the company’s stock valued at $186,343,000 after purchasing an additional 955,677 shares during the period. Finally, MKP Capital Management L.L.C. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $99,994,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $207.61 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $175.98 and a 12-month high of $210.95. The firm has a market capitalization of $89.57 billion, a P/E ratio of 20.10 and a beta of 0.91. The business has a 50 day simple moving average of $201.87 and a 200 day simple moving average of $198.13.

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.