Summit Trail Advisors LLC Buys 47,327 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Summit Trail Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 545,519 shares of the company’s stock after acquiring an additional 47,327 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 2.8% of Summit Trail Advisors LLC’s portfolio, making the stock its 5th largest position. Summit Trail Advisors LLC owned approximately 0.19% of Invesco S&P 500 Equal Weight ETF worth $86,083,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Sheets Smith Wealth Management increased its stake in Invesco S&P 500 Equal Weight ETF by 2.5% during the 4th quarter. Sheets Smith Wealth Management now owns 19,300 shares of the company’s stock valued at $3,046,000 after purchasing an additional 464 shares in the last quarter. NTV Asset Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 1.2% during the 4th quarter. NTV Asset Management LLC now owns 112,790 shares of the company’s stock valued at $17,798,000 after purchasing an additional 1,369 shares in the last quarter. National Bank of Canada FI increased its stake in Invesco S&P 500 Equal Weight ETF by 49.0% during the 4th quarter. National Bank of Canada FI now owns 137,522 shares of the company’s stock valued at $21,683,000 after purchasing an additional 45,244 shares in the last quarter. First National Trust Co grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 47.6% in the 4th quarter. First National Trust Co now owns 28,329 shares of the company’s stock worth $4,470,000 after acquiring an additional 9,136 shares in the last quarter. Finally, Axxcess Wealth Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.8% in the 4th quarter. Axxcess Wealth Management LLC now owns 51,567 shares of the company’s stock worth $8,137,000 after acquiring an additional 2,362 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP traded up $0.81 during trading on Tuesday, hitting $164.85. The stock had a trading volume of 1,225,323 shares, compared to its average volume of 6,519,396. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $169.80. The company has a market capitalization of $55.21 billion, a PE ratio of 20.44 and a beta of 0.90. The firm has a fifty day moving average of $164.30 and a two-hundred day moving average of $156.13.

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).