MGO One Seven LLC Acquires 1,299 Shares of Invesco S&P 500 Equal Weight ETF $RSP

MGO One Seven LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,169 shares of the company’s stock after purchasing an additional 1,299 shares during the period. MGO One Seven LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,120,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Strategic Family Wealth Counselors L.L.C. grew its stake in Invesco S&P 500 Equal Weight ETF by 2.5% in the first quarter. Strategic Family Wealth Counselors L.L.C. now owns 53,961 shares of the company’s stock valued at $9,348,000 after purchasing an additional 1,320 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 21.9% in the first quarter. GAMMA Investing LLC now owns 2,737 shares of the company’s stock valued at $474,000 after buying an additional 492 shares in the last quarter. Almanack Investment Partners LLC. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at $1,545,000. Rhumbline Advisers grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.1% in the first quarter. Rhumbline Advisers now owns 15,236 shares of the company’s stock valued at $2,639,000 after buying an additional 873 shares in the last quarter. Finally, Biltmore Family Office LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 20.7% in the first quarter. Biltmore Family Office LLC now owns 66,933 shares of the company’s stock valued at $11,595,000 after buying an additional 11,477 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $186.92 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $192.30. The stock has a market capitalization of $72.93 billion, a P/E ratio of 20.10 and a beta of 1.05. The stock has a 50-day simple moving average of $187.75 and a 200 day simple moving average of $179.81.

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).