Kiely Wealth Advisory Group Inc. Lowers Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Kiely Wealth Advisory Group Inc. reduced its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 124,414 shares of the company’s stock after selling 3,160 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 14.5% of Kiely Wealth Advisory Group Inc.’s portfolio, making the stock its 2nd largest holding. Kiely Wealth Advisory Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $22,485,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Allie Family Office LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 13.7% in the 4th quarter. Allie Family Office LLC now owns 13,939 shares of the company’s stock valued at $2,446,000 after buying an additional 1,680 shares in the last quarter. Headlands Technologies LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $4,081,000. Cannon Advisors Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 0.9% in the fourth quarter. Cannon Advisors Inc. now owns 31,312 shares of the company’s stock worth $5,487,000 after purchasing an additional 273 shares in the last quarter. StoneX Group Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 14.4% during the fourth quarter. StoneX Group Inc. now owns 158,823 shares of the company’s stock worth $27,831,000 after purchasing an additional 19,951 shares during the period. Finally, Tradewinds LLC. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $248,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.1 %

RSP stock opened at $173.41 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $158.83 and a 1-year high of $188.16. The business’s 50 day moving average is $178.03 and its 200-day moving average is $179.18. The firm has a market cap of $72.45 billion, a P/E ratio of 21.02 and a beta of 1.01.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a $0.8308 dividend. The ex-dividend date was Monday, March 24th.

Invesco S&P 500 Equal Weight ETF 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).