Herold Advisors Inc. Increases Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Herold Advisors Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1,684.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,053 shares of the company’s stock after acquiring an additional 37,808 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 1.7% of Herold Advisors Inc.’s investment portfolio, making the stock its 8th largest holding. Herold Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,320,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. TAP Consulting LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 2.5% in the fourth quarter. TAP Consulting LLC now owns 23,768 shares of the company’s stock valued at $3,751,000 after buying an additional 574 shares during the period. VCI Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $970,000. Abbrea Capital LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 6.8% in the fourth quarter. Abbrea Capital LLC now owns 18,089 shares of the company’s stock valued at $2,854,000 after buying an additional 1,145 shares during the period. Lyell Wealth Management LP lifted its stake in Invesco S&P 500 Equal Weight ETF by 1.1% in the fourth quarter. Lyell Wealth Management LP now owns 23,121 shares of the company’s stock valued at $3,648,000 after buying an additional 256 shares during the period. Finally, Carret Asset Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 6.1% in the fourth quarter. Carret Asset Management LLC now owns 7,655 shares of the company’s stock valued at $1,208,000 after buying an additional 443 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $162.43 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $169.80. The business’s 50 day moving average price is $164.11 and its two-hundred day moving average price is $155.04. The firm has a market cap of $55.15 billion, a PE 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).