TAP Consulting LLC Has $3.06 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

TAP Consulting LLC decreased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 17,468 shares of the company’s stock after selling 1,083 shares during the period. TAP Consulting LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,061,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in RSP. Keene & Associates Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 0.6% in the fourth quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock valued at $1,735,000 after acquiring an additional 56 shares during the last quarter. Atlantic Union Bankshares Corp lifted its stake in Invesco S&P 500 Equal Weight ETF by 2.0% in the 4th quarter. Atlantic Union Bankshares Corp now owns 2,857 shares of the company’s stock valued at $501,000 after purchasing an additional 56 shares during the last quarter. Beaumont Financial Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 3.2% during the fourth quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after purchasing an additional 58 shares during the period. Ingalls & Snyder LLC increased its position in Invesco S&P 500 Equal Weight ETF by 1.6% during the fourth quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock worth $635,000 after buying an additional 58 shares during the last quarter. Finally, Boston Standard Wealth Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 3.7% in the fourth quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock valued at $300,000 after buying an additional 61 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 0.7 %

RSP opened at $175.37 on Thursday. The stock has a market cap of $73.06 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16. The business has a 50 day moving average of $178.67 and a 200-day moving average of $179.07.

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).