TAP Consulting LLC Buys 574 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

TAP Consulting LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,768 shares of the company’s stock after acquiring an additional 574 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 0.9% of TAP Consulting LLC’s investment portfolio, making the stock its 29th biggest holding. TAP Consulting LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,751,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Core Wealth Advisors Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $38,000. GAMMA Investing LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $38,000. SOA Wealth Advisors LLC. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 51.5% during the fourth quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock worth $48,000 after purchasing an additional 103 shares during the last quarter. CVA Family Office LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $76,000. Finally, Massmutual Trust Co. FSB ADV acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $90,000.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP traded down $0.40 on Thursday, hitting $162.29. 7,406,844 shares of the company’s stock were exchanged, compared to its average volume of 6,606,129. The firm has a 50-day moving average price of $164.06 and a 200-day moving average price of $154.89. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $169.80. The company has a market cap of $55.10 billion, a P/E ratio of 20.43 and a beta of 0.93.

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).