Kiker Wealth Management LLC Buys New Shares in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Kiker Wealth Management LLC bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 313 shares of the company’s stock, valued at approximately $55,000.

Other hedge funds have also added to or reduced their stakes in the company. Keene & Associates Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.6% in the fourth quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock worth $1,735,000 after buying an additional 56 shares during the period. Atlantic Union Bankshares Corp grew its position in Invesco S&P 500 Equal Weight ETF by 2.0% during the 4th quarter. Atlantic Union Bankshares Corp now owns 2,857 shares of the company’s stock worth $501,000 after acquiring an additional 56 shares during the last quarter. Beaumont Financial Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 3.2% in the 4th quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after purchasing an additional 58 shares during the period. Ingalls & Snyder LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 1.6% in the fourth quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock valued at $635,000 after purchasing an additional 58 shares during the last quarter. Finally, Boston Standard Wealth Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.7% during the fourth quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock valued at $300,000 after purchasing an additional 61 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $174.64 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16. The company’s 50 day moving average price is $178.64 and its 200-day moving average price is $179.04. The stock has a market capitalization of $72.76 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07.

Invesco S&P 500 Equal Weight ETF Company 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).