Magnus Financial Group LLC Purchases 805 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Magnus Financial Group LLC raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.5% during the fourth quarter, Holdings Channel reports. The fund owned 32,846 shares of the company’s stock after acquiring an additional 805 shares during the period. Magnus Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,756,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of RSP. Ironwood Wealth Management LLC. increased its position in Invesco S&P 500 Equal Weight ETF by 10.5% in the second quarter. Ironwood Wealth Management LLC. now owns 24,282 shares of the company’s stock worth $3,989,000 after buying an additional 2,317 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter worth about $1,298,000. XTX Topco Ltd purchased a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter worth about $296,000. Thrivent Financial for Lutherans increased its position in Invesco S&P 500 Equal Weight ETF by 24.8% in the second quarter. Thrivent Financial for Lutherans now owns 16,307 shares of the company’s stock worth $2,679,000 after buying an additional 3,237 shares in the last quarter. Finally, Providence Capital Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 334.3% in the second quarter. Providence Capital Advisors LLC now owns 456 shares of the company’s stock worth $75,000 after buying an additional 351 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.2 %

Shares of RSP opened at $181.80 on Wednesday. The business has a 50-day simple moving average of $180.41 and a two-hundred day simple moving average of $176.37. The stock has a market cap of $60.89 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $155.79 and a 52 week high of $188.16.

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).