Caldwell Trust Co Makes New Investment in Invesco S&P 500 Equal Weight ETF $RSP

Caldwell Trust Co bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 73,116 shares of the company’s stock, valued at approximately $13,288,000. Invesco S&P 500 Equal Weight ETF makes up about 1.3% of Caldwell Trust Co’s holdings, making the stock its 13th largest position.

A number of other institutional investors have also recently made changes to their positions in RSP. Nova Wealth Management Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth $26,000. Investment Counsel Co. of Nevada bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at $29,000. Howe & Rusling Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after purchasing an additional 124 shares in the last quarter. Finally, GoalVest Advisory LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at $34,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $193.41 on Monday. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $195.47. The stock has a 50-day moving average of $189.04 and a 200 day moving average of $186.11. The company has a market capitalization of $74.81 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

Invesco S&P 500 Equal Weight ETF 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).