Thoroughbred Financial Services LLC Buys 2,848 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Thoroughbred Financial Services LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,722 shares of the company’s stock after purchasing an additional 2,848 shares during the period. Thoroughbred Financial Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,733,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. SJS Investment Consulting Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after buying an additional 88 shares during the last quarter. Van ECK Associates Corp grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after acquiring an additional 78 shares during the period. FPC Investment Advisory Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $28,000. Cambridge Financial Group Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $28,000. Finally, Joseph Group Capital Management purchased a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $29,000.

Invesco S&P 500 Equal Weight ETF Stock Down 4.8 %

Invesco S&P 500 Equal Weight ETF stock opened at $166.53 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16. The company has a market cap of $69.57 billion, a P/E ratio of 21.02 and a beta of 1.01. The business has a 50-day simple moving average of $177.58 and a two-hundred day simple moving average of $179.06.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a dividend of $0.8308 per share. The ex-dividend date of this dividend was Monday, March 24th.

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).