Cerity Partners LLC lowered its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 48.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 248,918 shares of the company’s stock after selling 235,954 shares during the period. Cerity Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $39,280,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in RSP. SJS Investment Consulting Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $26,000. Salem Investment Counselors Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $26,000. Householder Group Estate & Retirement Specialist LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $28,000. Core Wealth Advisors Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $38,000. Finally, Bartlett & CO. Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $44,000.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of RSP opened at $161.98 on Friday. The stock has a fifty day moving average price of $163.67 and a two-hundred day moving average price of $153.61. The company has a market cap of $45.79 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $169.80.
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).
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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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