Caldwell Trust Co Grows Position in Invesco S&P 500 Equal Weight ETF $RSP

Caldwell Trust Co lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,387 shares of the company’s stock after purchasing an additional 3,844 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.3% of Caldwell Trust Co’s portfolio, making the stock its 15th largest holding. Caldwell Trust Co’s holdings in Invesco S&P 500 Equal Weight ETF were worth $15,044,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Morgan Stanley increased its holdings in Invesco S&P 500 Equal Weight ETF by 7.9% in the fourth quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock valued at $6,004,682,000 after buying an additional 2,285,526 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 3.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock worth $5,028,875,000 after acquiring an additional 959,176 shares during the period. Invesco Ltd. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.6% during the 4th quarter. Invesco Ltd. now owns 10,144,784 shares of the company’s stock worth $1,943,335,000 after acquiring an additional 444,846 shares in the last quarter. State of Wisconsin Investment Board boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 14.3% during the 4th quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock worth $1,625,486,000 after acquiring an additional 1,060,181 shares in the last quarter. Finally, LPL Financial LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 7.1% during the 4th quarter. LPL Financial LLC now owns 5,486,948 shares of the company’s stock valued at $1,051,080,000 after acquiring an additional 362,412 shares during the period. 61.18% of the stock is owned by hedge funds and other institutional investors.

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

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $210.31 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $179.94 and a twelve month high of $214.30. The business has a 50-day moving average price of $206.21 and a 200 day moving average price of $200.15. The firm has a market cap of $90.73 billion, a PE ratio of 20.10 and a beta of 0.91.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.