Capital Investment Advisors LLC Makes New $15.27 Million Investment in Invesco S&P 500 Equal Weight ETF $RSP

Capital Investment Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 73,422 shares of the company’s stock, valued at approximately $15,273,000.

Several other large investors also recently modified their holdings of RSP. Venture Visionary Partners LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the third quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock worth $80,002,000 after acquiring an additional 5,887 shares during the last quarter. Rhodes Investment Advisors Inc. ADV acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at approximately $794,000. Corient Private Wealth LP raised its holdings in Invesco S&P 500 Equal Weight ETF by 17.5% during the 2nd quarter. Corient Private Wealth LP now owns 396,727 shares of the company’s stock worth $84,412,000 after purchasing an additional 58,956 shares during the last quarter. NewEdge Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 16.9% during the 2nd quarter. NewEdge Advisors LLC now owns 528,103 shares of the company’s stock worth $112,364,000 after purchasing an additional 76,324 shares during the last quarter. Finally, Comprehensive Financial Consultants Institutional Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $2,939,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $216.54 on Friday. The company has a market capitalization of $99.53 billion, a P/E ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 52-week low of $182.11 and a 52-week high of $223.43. The company’s 50 day moving average price is $215.28 and its 200-day moving average price is $211.23.

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). 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.