Invesco Ltd. Cuts Stock Holdings in Capital Southwest Co. (NASDAQ:CSWC)

Invesco Ltd., a global investment management firm based in Atlanta, Georgia, has announced that it has cut its stock holdings in Capital Southwest Corp. (NASDAQ: CSWC) by approximately 10%. This reduction in ownership was made as part of Invesco's ongoing portfolio optimization process, which involves periodically reviewing and adjusting the composition of its investment portfolios to better align with its risk and return objectives.

Invesco is one of the largest asset managers in the world, with over $1 trillion in assets under management as of December 31, 2020. The company operates in a variety of markets, including equities, fixed income, real estate, and alternative investments. Invesco's stock holdings in Capital Southwest Corp. represent a small portion of its overall portfolio, and the reduction in ownership is not expected to have a material impact on the company's financial performance or operations.

Capital Southwest Corp. is a regional bank headquartered in Dallas, Texas, with operations primarily in Texas and New Mexico. The company provides a range of banking services, including commercial and consumer lending, wealth management, and investment services. Capital Southwest Corp.'s stock has been publicly traded on the NASDAQ Global Select Market since 2015.

It's worth noting that this reduction in ownership is not an indication of any negative view on Capital Southwest Corp., but rather a strategic decision made by Invesco to optimize its portfolio.