Magnolia Private Wealth LLC Buys 200 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Magnolia Private Wealth LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 4,575 shares of the company’s stock after purchasing an additional 200 shares during the period. Magnolia Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $831,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Nova Wealth Management Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter valued at about $25,000. Uniplan Investment Counsel Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth about $26,000. Richardson Capital Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth about $30,000. OLD Second National Bank of Aurora bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth about $31,000. Finally, Howe & Rusling Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 190.8% in the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after acquiring an additional 124 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.3%

NYSEARCA RSP opened at $189.70 on Wednesday. The firm has a market cap of $75.20 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. The business has a 50-day moving average price of $187.02 and a 200-day moving average price of $178.83. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $190.54.

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).