Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Summit Financial LLC

Summit Financial LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 20.1% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 51,983 shares of the company’s stock after buying an additional 8,700 shares during the period. Summit Financial LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,109,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. SJS Investment Consulting Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after acquiring an additional 88 shares in the last quarter. Van ECK Associates Corp raised its position in Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after purchasing an additional 78 shares during the period. FPC Investment Advisory Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $28,000. Cambridge Financial Group Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $28,000. Finally, Joseph Group Capital Management acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $29,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $171.80 on Monday. The firm has a market capitalization of $71.57 billion, a PE ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16. The stock’s 50 day moving average price is $178.34 and its 200 day moving average price is $179.19.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.8308 per share. The ex-dividend date of this dividend was Monday, March 24th.

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).