Cercano Management LLC Has $102.39 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Cercano Management LLC reduced its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 534,478 shares of the company’s stock after selling 89,603 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 3.9% of Cercano Management LLC’s portfolio, making the stock its 7th largest holding. Cercano Management LLC owned approximately 0.13% of Invesco S&P 500 Equal Weight ETF worth $102,385,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. MKP Capital Management L.L.C. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $99,994,000. BW Gestao de Investimentos Ltda. acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $287,168,000. COFG Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $15,481,000. SCS Capital Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 56.2% during the 4th quarter. SCS Capital Management LLC now owns 596,705 shares of the company’s stock valued at $114,305,000 after acquiring an additional 214,727 shares during the period. Finally, Peapack Gladstone Financial Corp lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 18.1% during the 4th quarter. Peapack Gladstone Financial Corp now owns 383,502 shares of the company’s stock valued at $73,463,000 after acquiring an additional 58,896 shares during the period. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $209.21 on Tuesday. The stock has a fifty day moving average price of $200.12 and a 200-day moving average price of $197.36. The company has a market cap of $90.26 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $174.27 and a fifty-two week high of $209.77.

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.