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

Cerity Partners LLC lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,756,382 shares of the company’s stock after buying an additional 54,925 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 0.5% of Cerity Partners LLC’s investment portfolio, making the stock its 28th biggest position. Cerity Partners LLC owned about 0.46% of Invesco S&P 500 Equal Weight ETF worth $333,186,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco S&P 500 Equal Weight ETF by 4.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 24,657,672 shares of the company’s stock valued at $4,481,285,000 after acquiring an additional 1,103,629 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 11.7% in the second quarter. JPMorgan Chase & Co. now owns 5,646,560 shares of the company’s stock worth $1,026,206,000 after purchasing an additional 589,365 shares during the period. Japan Science & Technology Agency acquired a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $656,908,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Invesco S&P 500 Equal Weight ETF by 119.1% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,027,552 shares of the company’s stock valued at $368,487,000 after purchasing an additional 1,102,322 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Invesco S&P 500 Equal Weight ETF by 0.3% during the second quarter. Bank of New York Mellon Corp now owns 1,689,136 shares of the company’s stock worth $306,984,000 after purchasing an additional 4,350 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 1.2%

RSP stock opened at $197.00 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $197.25. The firm has a market cap of $77.28 billion, a P/E ratio of 20.10 and a beta of 0.99. The company’s 50-day moving average price is $190.32 and its two-hundred day moving average price is $187.95.

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.