Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Position Boosted by Summit Trail Advisors LLC

Summit Trail Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 737,284 shares of the company’s stock after acquiring an additional 68,351 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 3.3% of Summit Trail Advisors LLC’s holdings, making the stock its 5th biggest holding. Summit Trail Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $132,092,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of RSP. Destination Wealth Management grew its position in shares of Invesco S&P 500 Equal Weight ETF by 5.1% in the second quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock valued at $328,000 after purchasing an additional 96 shares during the period. Courage Miller Partners LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 0.6% in the 2nd quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock valued at $7,704,000 after buying an additional 273 shares during the period. Riversedge Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.7% during the 3rd quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock valued at $22,471,000 after acquiring an additional 7,883 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 39.6% during the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after acquiring an additional 173 shares during the period. Finally, Brown Brothers Harriman & Co. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 17.5% in the second quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock worth $6,614,000 after acquiring an additional 6,001 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $185.53 on Friday. The firm has a market capitalization of $62.14 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $146.09 and a one year high of $185.79. The company has a 50 day moving average price of $179.66 and a 200 day moving average price of $171.95.

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).