Magnolia Capital Advisors LLC Buys Shares of 2,000 Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Magnolia Capital Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,000 shares of the company’s stock, valued at approximately $350,000.

Several other institutional investors and hedge funds have also bought and sold shares of RSP. Ironwood Wealth Management LLC. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 10.5% in the second quarter. Ironwood Wealth Management LLC. now owns 24,282 shares of the company’s stock worth $3,989,000 after acquiring an additional 2,317 shares during the period. Renaissance Technologies LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at about $1,298,000. AQR Capital Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 149.3% in the second quarter. AQR Capital Management LLC now owns 20,882 shares of the company’s stock valued at $3,430,000 after acquiring an additional 12,507 shares during the period. SG Americas Securities LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 2.2% in the 3rd quarter. SG Americas Securities LLC now owns 50,485 shares of the company’s stock worth $9,045,000 after purchasing an additional 1,101 shares in the last quarter. Finally, WealthBridge Capital Management LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 7.4% in the third quarter. WealthBridge Capital Management LLC now owns 101,826 shares of the company’s stock worth $18,243,000 after buying an additional 7,059 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.8 %

Shares of NYSEARCA RSP opened at $181.24 on Monday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $155.79 and a 12 month high of $188.16. The firm has a market capitalization of $60.70 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The business has a 50-day moving average of $180.27 and a 200-day moving average of $177.13.

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).