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

Stone Summit Wealth LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 13.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 accounts for approximately 1.8% of Stone Summit Wealth LLC’s investment portfolio, making the stock its 11th largest position. Stone Summit Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,491,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in RSP. Beaumont Financial Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 3.2% during the 4th quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after purchasing an additional 58 shares in the last quarter. Boston Standard Wealth Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.7% during the fourth quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock worth $300,000 after buying an additional 61 shares during the last quarter. CPA Asset Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.7% during the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock worth $248,000 after buying an additional 62 shares in the last quarter. Inlet Private Wealth LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the 3rd quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after acquiring an additional 63 shares during the last quarter. Finally, Abound Wealth Management boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the 4th quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock valued at $706,000 after acquiring an additional 63 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.5 %

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

About Invesco S&P 500 Equal Weight ETF

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).