Kelleher Financial Advisors Raises Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Kelleher Financial Advisors increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 185.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,612 shares of the company’s stock after purchasing an additional 2,345 shares during the quarter. Kelleher Financial Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $633,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. Beaumont Financial Advisors LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.2% during the 4th quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock valued at $327,000 after purchasing an additional 58 shares in the last quarter. CPA Asset Management LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.7% in the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock worth $248,000 after buying an additional 62 shares in the last quarter. Inlet Private Wealth LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the third quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock worth $514,000 after buying an additional 63 shares in the last quarter. Abound Wealth Management lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock worth $706,000 after buying an additional 63 shares in the last quarter. Finally, Delta Investment Management LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the second quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock valued at $2,603,000 after purchasing an additional 65 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.4 %

RSP opened at $181.49 on Thursday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $155.79 and a twelve month high of $188.16. The stock has a market capitalization of $60.79 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The firm has a 50 day moving average price of $180.41 and a 200-day moving average price of $176.37.

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).