Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Holdings Boosted by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 93,027 shares of the company’s stock after acquiring an additional 7,592 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 1.4% of Capital Investment Advisory Services LLC’s portfolio, making the stock its 10th largest position. Capital Investment Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $16,115,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cambridge Financial Group Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $28,000. Joseph Group Capital Management bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $29,000. Bridge Generations Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $29,000. Richardson Capital Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $30,000. Finally, OLD Second National Bank of Aurora bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $31,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $185.18 on Friday. The stock has a market cap of $74.34 billion, a P/E ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $188.16. The firm’s 50 day moving average price is $176.99 and its 200-day moving average price is $175.28.

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).