Capital Investment Advisors LLC Increases Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Capital Investment Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 64,676 shares of the company’s stock after buying an additional 1,279 shares during the quarter. Capital Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,333,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Brookstone Capital Management lifted its position in Invesco S&P 500 Equal Weight ETF by 16.4% in the fourth quarter. Brookstone Capital Management now owns 240,485 shares of the company’s stock valued at $42,140,000 after purchasing an additional 33,804 shares during the period. Aprio Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.9% in the 4th quarter. Aprio Wealth Management LLC now owns 7,866 shares of the company’s stock valued at $1,378,000 after buying an additional 897 shares during the period. Graypoint LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 16.3% in the fourth quarter. Graypoint LLC now owns 14,530 shares of the company’s stock valued at $2,546,000 after buying an additional 2,040 shares in the last quarter. Atlas Brown Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 3.6% during the fourth quarter. Atlas Brown Inc. now owns 2,179 shares of the company’s stock worth $382,000 after acquiring an additional 75 shares during the period. Finally, Sugarloaf Wealth Management LLC raised its position in Invesco S&P 500 Equal Weight ETF by 2.2% in the fourth quarter. Sugarloaf Wealth Management LLC now owns 123,995 shares of the company’s stock worth $21,728,000 after acquiring an additional 2,665 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP traded up $0.09 during trading on Monday, hitting $173.34. 4,806,446 shares of the company were exchanged, compared to its average volume of 7,106,247. Invesco S&P 500 Equal Weight ETF has a 1 year low of $153.10 and a 1 year high of $188.16. The company has a market cap of $58.06 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The firm’s fifty day moving average price is $180.89 and its 200 day moving average price is $175.64.

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).