Invesco S&P 500 Equal Weight ETF $RSP Stock: MGO One Seven LLC Grows Holdings

MGO One Seven LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 21.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 28,459 shares of the company’s stock after buying an additional 5,009 shares during the quarter. MGO One Seven LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,920,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Weaver Consulting Group boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.5% in the 3rd quarter. Weaver Consulting Group now owns 3,217 shares of the company’s stock valued at $669,000 after purchasing an additional 48 shares during the period. Sage Capital Advisors llc grew its stake in Invesco S&P 500 Equal Weight ETF by 2.0% during the 3rd quarter. Sage Capital Advisors llc now owns 2,461 shares of the company’s stock worth $512,000 after buying an additional 48 shares during the last quarter. Charis Legacy Partners LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 0.5% during the 2nd quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock worth $2,294,000 after buying an additional 49 shares during the last quarter. Canvas Wealth Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 1.2% during the second quarter. Canvas Wealth Advisors LLC now owns 4,373 shares of the company’s stock worth $930,000 after buying an additional 50 shares during the period. Finally, Tenon Financial LLC increased its position in Invesco S&P 500 Equal Weight ETF by 1.0% during the third quarter. Tenon Financial LLC now owns 5,185 shares of the company’s stock worth $1,079,000 after buying an additional 50 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $218.31 on Monday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $182.11 and a twelve month high of $223.43. The stock has a 50 day moving average of $215.05 and a two-hundred day moving average of $207.75. The stock has a market cap of $100.24 billion, a P/E ratio of 20.10 and a beta of 0.92.

About Invesco S&P 500 Equal Weight ETF

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.