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

Summit Financial Wealth Advisors LLC lowered its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,071 shares of the company’s stock after selling 613 shares during the quarter. Summit Financial Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,798,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of RSP. First Foundation Advisors grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.3% in the 4th quarter. First Foundation Advisors now owns 78,365 shares of the company’s stock valued at $13,732,000 after buying an additional 1,006 shares during the period. Scotia Capital Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 3.2% in the 4th quarter. Scotia Capital Inc. now owns 62,335 shares of the company’s stock valued at $10,923,000 after buying an additional 1,943 shares during the period. Bessemer Group Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 6.7% in the fourth quarter. Bessemer Group Inc. now owns 39,627 shares of the company’s stock valued at $6,943,000 after buying an additional 2,487 shares during the last quarter. Kraft Davis & Associates LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $221,000. Finally, Spreng Capital Management Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 89.0% during the fourth quarter. Spreng Capital Management Inc. now owns 6,862 shares of the company’s stock valued at $1,202,000 after acquiring an additional 3,232 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 2.8 %

NYSEARCA RSP traded down $4.56 on Thursday, reaching $160.60. The stock had a trading volume of 4,634,278 shares, compared to its average volume of 6,937,006. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $188.16. The stock has a fifty day moving average price of $174.76 and a two-hundred day moving average price of $178.28. The firm has a market capitalization of $67.09 billion, a price-to-earnings ratio of 21.02 and a beta of 1.01.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.8308 dividend. 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).