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

TAP Consulting LLC lessened its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,468 shares of the company’s stock after selling 1,083 shares during the quarter. TAP Consulting LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,061,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of RSP. Thrivent Financial for Lutherans grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 16,504 shares of the company’s stock valued at $2,957,000 after purchasing an additional 197 shares during the period. Caprock Group LLC grew its position in Invesco S&P 500 Equal Weight ETF by 9.4% in the third quarter. Caprock Group LLC now owns 19,332 shares of the company’s stock valued at $3,464,000 after acquiring an additional 1,665 shares during the period. BIP Wealth LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 5.9% during the third quarter. BIP Wealth LLC now owns 1,498 shares of the company’s stock worth $268,000 after acquiring an additional 83 shares in the last quarter. Banque Cantonale Vaudoise bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $577,000. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 13.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 452,369 shares of the company’s stock valued at $81,046,000 after purchasing an additional 53,221 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

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

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).