Kiker Wealth Management LLC Makes New $55,000 Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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

Other hedge funds have also recently made changes to their positions in the company. Beta Wealth Group Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 6.4% during the 4th quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock valued at $440,000 after purchasing an additional 150 shares during the period. Tidemark LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 31.4% during the 4th quarter. Tidemark LLC now owns 431 shares of the company’s stock valued at $76,000 after purchasing an additional 103 shares in the last quarter. Ceera Investments LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $267,000. Sandy Cove Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $222,000. Finally, Permanent Capital Management LP bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $25,956,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $174.64 on Friday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week high of $188.16. The stock’s 50 day simple moving average is $178.64 and its two-hundred day simple moving average is $179.04. The stock has a market cap 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).