Summit Trail Advisors LLC Purchases 82,537 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Summit Trail Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 11.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 819,821 shares of the company’s stock after buying an additional 82,537 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 5.3% of Summit Trail Advisors LLC’s holdings, making the stock its 4th largest holding. Summit Trail Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $143,657,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Strategic Financial Concepts LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after acquiring an additional 8,451,521 shares in the last quarter. SPX Gestao de Recursos Ltda raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 1,502.5% in the third quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock valued at $160,348,000 after acquiring an additional 839,150 shares in the last quarter. Heck Capital Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $83,931,000. Penserra Capital Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 2,274.4% during the 3rd quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock worth $87,088,000 after purchasing an additional 465,623 shares in the last quarter. Finally, First Interstate Bank increased its holdings in Invesco S&P 500 Equal Weight ETF by 2,324.6% during the 3rd quarter. First Interstate Bank now owns 379,553 shares of the company’s stock worth $68,001,000 after purchasing an additional 363,899 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $180.73 on Tuesday. The business’s 50-day moving average is $179.62 and its two-hundred day moving average is $177.59. The firm has a market capitalization of $60.53 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1 year low of $156.16 and a 1 year high of $188.16.

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).