Stone Summit Wealth LLC Has $5.49 Million Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Stone Summit Wealth LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 13.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 31,338 shares of the company’s stock after acquiring an additional 3,663 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 1.8% of Stone Summit Wealth LLC’s investment portfolio, making the stock its 11th largest holding. Stone Summit Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,491,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Strategic Financial Concepts LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after purchasing an additional 8,451,521 shares during the period. LPL Financial LLC grew its position in Invesco S&P 500 Equal Weight ETF by 9.5% during the third quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after buying an additional 354,184 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its stake in Invesco S&P 500 Equal Weight ETF by 4.2% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock worth $436,792,000 after acquiring an additional 98,000 shares during the period. Citigroup Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 10.6% in the 3rd quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock valued at $373,069,000 after acquiring an additional 198,793 shares in the last quarter. Finally, Lbmc Investment Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.3% during the 4th quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock valued at $235,280,000 after acquiring an additional 4,262 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $180.22 on Monday. The firm has a market cap of $60.36 billion, a P/E ratio of 20.44 and a beta of 0.90. The business’s fifty day moving average is $179.62 and its 200-day moving average is $177.52. Invesco S&P 500 Equal Weight ETF has a 52-week low of $156.16 and a 52-week high of $188.16.

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).