Invesco S&P 500 Equal Weight ETF $RSP is Kelleher Financial Advisors’ 3rd Largest Position

Kelleher Financial Advisors lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 81.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 120,443 shares of the company’s stock after buying an additional 54,162 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 5.3% of Kelleher Financial Advisors’ holdings, making the stock its 3rd largest holding. Kelleher Financial Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $23,072,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC grew its position in Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after acquiring an additional 246 shares in the last quarter. Heck Capital Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $83,931,000. Bison Wealth LLC raised its position in Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after purchasing an additional 4,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at approximately $11,553,000. Finally, Rhumbline Advisers lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 46.5% in the 2nd quarter. Rhumbline Advisers now owns 22,322 shares of the company’s stock valued at $4,057,000 after purchasing an additional 7,086 shares during the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $193.09 on Friday. The stock has a market cap of $85.47 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The stock has a 50 day moving average price of $198.20 and a 200-day moving average price of $193.57. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $205.24.

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.