Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Herold Advisors Inc.’s 8th Largest Position

Herold Advisors Inc. increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1,684.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,053 shares of the company’s stock after purchasing an additional 37,808 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 1.7% of Herold Advisors Inc.’s portfolio, making the stock its 8th largest position. Herold Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,320,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in RSP. Core Wealth Advisors Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at $38,000. GAMMA Investing LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $38,000. SOA Wealth Advisors LLC. boosted its stake in Invesco S&P 500 Equal Weight ETF by 51.5% during the 4th quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock valued at $48,000 after acquiring an additional 103 shares during the last quarter. CVA Family Office LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $76,000. Finally, Massmutual Trust Co. FSB ADV bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $90,000.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $162.43 on Friday. The company has a market capitalization of $55.15 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $169.80. The company’s fifty day moving average price is $164.11 and its two-hundred day moving average price is $155.04.

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).