Thoroughbred Financial Services LLC Buys Shares of 16,430 Invesco S&P 500 Equal Weight ETF (RSP)
Thoroughbred Financial Services LLC bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor bought 16,430 shares of the company’s stock, valued at approximately $1,716,000.
Several other hedge funds have also recently modified their holdings of RSP. Trustcore Financial Services LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 441.2% during the 4th quarter. Trustcore Financial Services LLC now owns 276 shares of the company’s stock worth $25,000 after acquiring an additional 225 shares in the last quarter. TCI Wealth Advisors Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $29,000. Highwater Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $36,000. Lehman & Derafelo Financial Resources LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $34,000. Finally, Tompkins Financial Corp lifted its stake in Invesco S&P 500 Equal Weight ETF by 627.3% in the 1st quarter. Tompkins Financial Corp now owns 400 shares of the company’s stock valued at $42,000 after purchasing an additional 345 shares during the last quarter.
NYSEARCA:RSP traded up $1.26 on Thursday, hitting $105.96. The company had a trading volume of 9,046 shares, compared to its average volume of 898,923. Invesco S&P 500 Equal Weight ETF has a 52 week low of $85.76 and a 52 week high of $108.89.
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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).
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