Summit Financial Group Inc. Has $8.14 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Summit Financial Group Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 4.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,583 shares of the company’s stock after acquiring an additional 2,095 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 3.1% of Summit Financial Group Inc.’s portfolio, making the stock its 3rd biggest position. Summit Financial Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,140,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in RSP. SJS Investment Consulting Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $26,000. Salem Investment Counselors Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at about $26,000. Householder Group Estate & Retirement Specialist LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. Core Wealth Advisors Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $38,000. Finally, Bartlett & CO. Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $44,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $166.64 on Friday. The company has a market capitalization of $47.11 billion, a P/E ratio of 16.13 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $168.18. The business has a 50-day simple moving average of $160.45 and a two-hundred day simple moving average of $151.41.

About Invesco S&P 500 Equal Weight ETF

(Free Report)

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).

See Also

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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