Kellett Wealth Advisors LLC Sells 55,238 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Kellett Wealth Advisors LLC lowered its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 93.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,016 shares of the company’s stock after selling 55,238 shares during the quarter. Kellett Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $634,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of RSP. Moneta Group Investment Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 104,839.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 7,956,524 shares of the company’s stock worth $1,123,859,000 after buying an additional 7,948,942 shares during the last quarter. Morgan Stanley grew its position in Invesco S&P 500 Equal Weight ETF by 12.8% during the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock worth $2,683,772,000 after purchasing an additional 2,153,993 shares during the last quarter. Citigroup Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 275.0% during the 3rd quarter. Citigroup Inc. now owns 2,278,078 shares of the company’s stock worth $322,781,000 after purchasing an additional 1,670,580 shares during the last quarter. Bank of New York Mellon Corp grew its position in Invesco S&P 500 Equal Weight ETF by 70.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,732,901 shares of the company’s stock worth $528,915,000 after purchasing an additional 1,545,894 shares during the last quarter. Finally, Chai Trust Co. LLC grew its position in Invesco S&P 500 Equal Weight ETF by 926.0% during the 3rd quarter. Chai Trust Co. LLC now owns 1,705,786 shares of the company’s stock worth $241,693,000 after purchasing an additional 1,539,527 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP traded down $0.15 during trading hours on Thursday, hitting $159.21. 6,682,916 shares of the company were exchanged, compared to its average volume of 6,657,735. The stock has a market capitalization of $54.06 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $169.80. The company’s 50 day moving average price is $163.81 and its 200-day moving average price is $154.08.

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).