Kera Capital Partners Inc. Invests $21.94 Million in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Kera Capital Partners Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, HoldingsChannel reports. The firm purchased 125,183 shares of the company’s stock, valued at approximately $21,936,000. Invesco S&P 500 Equal Weight ETF comprises 6.3% of Kera Capital Partners Inc.’s portfolio, making the stock its 3rd biggest position.

Other large investors have also recently added to or reduced their stakes in the company. Riversedge Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 6.7% in the third quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock valued at $22,471,000 after acquiring an additional 7,883 shares during the period. Blue Trust Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after buying an additional 173 shares in the last quarter. Brightwater Advisory LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter worth about $3,227,000. Montis Financial LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 61.3% in the third quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock valued at $9,992,000 after buying an additional 21,202 shares in the last quarter. Finally, Captrust Financial Advisors increased its holdings in Invesco S&P 500 Equal Weight ETF by 1.7% in the third quarter. Captrust Financial Advisors now owns 130,915 shares of the company’s stock valued at $23,455,000 after buying an additional 2,206 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $180.04 on Friday. The firm has a market capitalization of $60.30 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The business’s 50 day simple moving average is $180.54 and its 200-day simple moving average is $176.04. Invesco S&P 500 Equal Weight ETF has a 12 month low of $153.16 and a 12 month high of $188.16.

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).