Thoroughbred Financial Services LLC Buys 2,581 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Thoroughbred Financial Services LLC increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,573 shares of the company’s stock after purchasing an additional 2,581 shares during the period. Thoroughbred Financial Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,239,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of RSP. NBZ Investment Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $26,000. Dorato Capital Management bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $26,000. Aviso Financial Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $28,000. IMA Advisory Services Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $33,000. Finally, Cloud Capital Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $35,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 0.1%

RSP stock opened at $207.49 on Thursday. The company’s 50 day moving average is $199.26 and its 200 day moving average is $196.93. The stock has a market cap of $89.51 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 1-year low of $174.27 and a 1-year high of $208.73.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.