Capital Investment Advisory Services LLC Purchases 28,586 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Capital Investment Advisory Services LLC increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 67.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 70,925 shares of the company’s stock after acquiring an additional 28,586 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 1.0% of Capital Investment Advisory Services LLC’s investment portfolio, making the stock its 16th biggest position. Capital Investment Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $13,586,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. NBZ Investment Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $26,000. Dorato Capital Management acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $26,000. Aviso Financial Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $28,000. Tompkins Financial Corp acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $32,000. Finally, IMA Advisory Services Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $33,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $197.96 on Thursday. The firm has a market capitalization of $87.88 billion, a price-to-earnings ratio of 20.10 and a beta of 0.97. The company’s fifty day moving average is $197.98 and its two-hundred day moving average is $193.70. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.81 and a 52-week high of $205.24.

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.