Capital Investment Advisory Services LLC Sells 48,824 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Capital Investment Advisory Services LLC trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 53.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,339 shares of the company’s stock after selling 48,824 shares during the period. Capital Investment Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,032,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Brighton Jones LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after acquiring an additional 246 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $83,931,000. Bison Wealth LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after purchasing an additional 4,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $11,553,000. Finally, QRG Capital Management Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 12.7% in the second quarter. QRG Capital Management Inc. now owns 3,161 shares of the company’s stock valued at $574,000 after buying an additional 356 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.9%

RSP stock opened at $198.56 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $200.95. The firm has a 50 day moving average of $195.18 and a 200-day moving average of $190.24. The firm has a market capitalization of $82.34 billion, a P/E 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). 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.