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

MGO Private Wealth LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 6,744 shares of the company’s stock, valued at approximately $1,182,000. Invesco S&P 500 Equal Weight ETF comprises approximately 0.8% of MGO Private Wealth LLC’s portfolio, making the stock its 26th largest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Keene & Associates Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 0.6% during the 4th quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock valued at $1,735,000 after acquiring an additional 56 shares during the last quarter. Atlantic Union Bankshares Corp raised its position in shares of Invesco S&P 500 Equal Weight ETF by 2.0% during the 4th quarter. Atlantic Union Bankshares Corp now owns 2,857 shares of the company’s stock valued at $501,000 after acquiring an additional 56 shares during the last quarter. Beaumont Financial Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 3.2% during the 4th quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock valued at $327,000 after acquiring an additional 58 shares during the last quarter. Ingalls & Snyder LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the 4th quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock valued at $635,000 after acquiring an additional 58 shares during the last quarter. Finally, Boston Standard Wealth Management LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 3.7% during the 4th quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock valued at $300,000 after acquiring an additional 61 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $171.07 on Thursday. The firm has a fifty day moving average of $178.91 and a two-hundred day moving average of $179.12. The stock has a market capitalization 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 has a 52 week low of $158.83 and a 52 week high of $188.16.

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).