Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Summit Trail Advisors LLC’s 5th Largest Position

Summit Trail Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 737,284 shares of the company’s stock after buying an additional 68,351 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 3.3% of Summit Trail Advisors LLC’s portfolio, making the stock its 5th biggest holding. Summit Trail Advisors LLC owned 0.22% of Invesco S&P 500 Equal Weight ETF worth $132,092,000 as of its most recent SEC filing.

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

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $185.53 on Friday. The business’s fifty day moving average price is $179.66 and its two-hundred day moving average price is $171.95. The stock has a market cap of $62.14 billion, a PE 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.

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).