Ceera Investments LLC Purchases 3,077 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Ceera Investments LLC increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 18.9% in the 4th quarter, Holdings Channel reports. The firm owned 19,349 shares of the company’s stock after buying an additional 3,077 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 1.4% of Ceera Investments LLC’s investment portfolio, making the stock its 28th biggest position. Ceera Investments LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,706,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. NBZ Investment Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth $26,000. Dorato Capital Management bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $26,000. Aviso Financial Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth $28,000. IMA Advisory Services Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth $33,000. Finally, Cloud Capital Management LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth $35,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $206.58 on Tuesday. The stock has a market cap of $89.12 billion, a PE ratio of 20.10 and a beta of 0.92. The business has a fifty day moving average of $198.72 and a two-hundred day moving average of $196.64. Invesco S&P 500 Equal Weight ETF has a 52-week low of $173.00 and a 52-week high of $206.97.

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.