Cerity Partners LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 24.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,701,457 shares of the company’s stock after acquiring an additional 329,842 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 0.6% of Cerity Partners LLC’s portfolio, making the stock its 28th largest holding. Cerity Partners LLC owned 0.43% of Invesco S&P 500 Equal Weight ETF worth $309,223,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also modified their holdings of the stock. Realta Investment Advisors increased its stake in Invesco S&P 500 Equal Weight ETF by 15.5% in the 2nd quarter. Realta Investment Advisors now owns 410 shares of the company’s stock worth $75,000 after purchasing an additional 55 shares in the last quarter. Fusion Capital LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the second quarter. Fusion Capital LLC now owns 2,564 shares of the company’s stock worth $466,000 after buying an additional 56 shares during the period. Signature Estate & Investment Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the second quarter. Signature Estate & Investment Advisors LLC now owns 5,502 shares of the company’s stock worth $1,000,000 after acquiring an additional 64 shares in the last quarter. Ehrlich Financial Group increased its position in shares of Invesco S&P 500 Equal Weight ETF by 1.4% in the second quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock worth $871,000 after acquiring an additional 65 shares in the last quarter. Finally, Samalin Investment Counsel LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.9% during the first quarter. Samalin Investment Counsel LLC now owns 7,478 shares of the company’s stock valued at $1,295,000 after acquiring an additional 67 shares during the period. 61.18% of the stock is currently owned by institutional investors and hedge funds.
Invesco S&P 500 Equal Weight ETF Stock Performance
Invesco S&P 500 Equal Weight ETF stock opened at $192.00 on Friday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $192.81. The firm has a market capitalization of $74.27 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The company has a 50 day moving average price of $188.81 and a 200 day moving average price of $185.44.
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).
Recommended Stories
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- What Does a Stock Split Mean?
- Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?
- Best Stocks Under $10.00
- Gates Foundation Sells MSFT Stock—Should Investors Be Worried?
- Short Selling – The Pros and Cons
- MarketBeat Week in Review – 12/1 – 12/5
Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.
