Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Kiely Wealth Advisory Group Inc.’s 2nd Largest Position

Kiely Wealth Advisory Group Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.5% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 131,500 shares of the company’s stock after buying an additional 1,981 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 12.0% of Kiely Wealth Advisory Group Inc.’s holdings, making the stock its 2nd largest holding. Kiely Wealth Advisory Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $21,831,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Fairman Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at $27,000. DHJJ Financial Advisors Ltd. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 107.5% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after purchasing an additional 100 shares during the period. Creekmur Asset Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 86.5% during the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after purchasing an additional 90 shares during the last quarter. Central Bank & Trust Co. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth about $36,000. Finally, Silicon Valley Capital Partners bought a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter worth about $41,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $177.44 on Friday. The firm has a market capitalization of $59.43 billion, a PE ratio of 20.44 and a beta of 0.90. The business has a 50 day simple moving average of $171.16 and a two-hundred day simple moving average of $167.05. Invesco S&P 500 Equal Weight ETF has a 1 year low of $133.34 and a 1 year high of $178.82.

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).