Kiley Juergens Wealth Management LLC Grows Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Kiley Juergens Wealth Management LLC grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 72.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,574 shares of the company’s stock after acquiring an additional 9,510 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 0.9% of Kiley Juergens Wealth Management LLC’s holdings, making the stock its 24th largest position. Kiley Juergens Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,324,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. NBZ Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $26,000. Dorato Capital Management purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $26,000. Aviso Financial Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $28,000. Tompkins Financial Corp purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $32,000. Finally, IMA Advisory Services Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $33,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $200.64 on Friday. Invesco S&P 500 Equal Weight ETF has a one year low of $157.71 and a one year high of $205.24. The company has a market cap of $87.89 billion, a price-to-earnings ratio of 20.10 and a beta of 0.94. The business’s 50 day moving average price is $197.99 and its 200 day moving average price is $194.11.

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.