MGO Private Wealth LLC Sells 7,781 Shares of Invesco S&P 500 Equal Weight ETF $RSP

MGO Private Wealth LLC lowered its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 55.9% in the 2nd quarter, HoldingsChannel reports. The firm owned 6,150 shares of the company’s stock after selling 7,781 shares during the quarter. MGO Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,118,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of RSP. Goldman Sachs Group Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 219.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock valued at $1,576,769,000 after purchasing an additional 6,254,609 shares in the last quarter. Japan Science & Technology Agency bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $656,908,000. Phoenix Financial Ltd. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $269,253,000. Invesco Ltd. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 12.0% during the 1st quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock worth $1,938,281,000 after acquiring an additional 1,195,627 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 26.8% during the 1st quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock worth $876,058,000 after acquiring an additional 1,069,297 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.4%

NYSEARCA RSP opened at $191.25 on Friday. The firm has a market cap of $75.35 billion, a PE ratio of 20.10 and a beta of 1.05. The company has a 50 day moving average price of $187.22 and a 200 day moving average price of $179.16. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $192.30.

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).