Gilbert Capital Group Inc. Makes New Investment in Invesco S&P 500 Equal Weight ETF $RSP

Gilbert Capital Group Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 9,745 shares of the company’s stock, valued at approximately $1,771,000. Invesco S&P 500 Equal Weight ETF accounts for about 1.5% of Gilbert Capital Group Inc.’s investment portfolio, making the stock its 18th biggest position.

Several other institutional investors also recently added to or reduced their stakes in RSP. Corient Private Wealth LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 303.3% in the 2nd quarter. Corient Private Wealth LLC now owns 1,015,653 shares of the company’s stock valued at $184,495,000 after buying an additional 763,825 shares during the period. Caldwell Trust Co bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $13,288,000. Valeo Financial Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 10.5% in the second quarter. Valeo Financial Advisors LLC now owns 719,108 shares of the company’s stock valued at $130,691,000 after purchasing an additional 68,079 shares during the period. NWF Advisory Services Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 18.9% in the second quarter. NWF Advisory Services Inc. now owns 10,117 shares of the company’s stock worth $1,839,000 after purchasing an additional 1,609 shares in the last quarter. Finally, Osaic Holdings Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 25.3% during the 2nd quarter. Osaic Holdings Inc. now owns 1,106,984 shares of the company’s stock worth $201,274,000 after purchasing an additional 223,575 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.7%

Shares of RSP stock opened at $193.41 on Monday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $195.47. The stock has a fifty day simple moving average of $189.04 and a two-hundred day simple moving average of $186.11. The stock has a market capitalization of $74.81 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

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).