MGO Private Wealth LLC Invests $1.18 Million in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

MGO Private Wealth LLC bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 6,744 shares of the company’s stock, valued at approximately $1,182,000. Invesco S&P 500 Equal Weight ETF makes up 0.8% of MGO Private Wealth LLC’s portfolio, making the stock its 26th biggest holding.

Several other institutional investors and hedge funds have also modified their holdings of RSP. SJS Investment Consulting Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares in the last quarter. Van ECK Associates Corp boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 105.4% in the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after acquiring an additional 78 shares in the last quarter. FPC Investment Advisory Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $28,000. Truvestments Capital LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $29,000. Finally, Hemington Wealth Management lifted its holdings in Invesco S&P 500 Equal Weight ETF by 84.0% during the 4th quarter. Hemington Wealth Management now owns 184 shares of the company’s stock worth $32,000 after buying an additional 84 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $171.07 on Thursday. The stock’s fifty day moving average price is $178.91 and its two-hundred day moving average price is $179.12. 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 $71.11 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07.

Invesco S&P 500 Equal Weight ETF Company 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).