NewEdge Advisors LLC lessened its stake in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN – Free Report) by 31.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 173,624 shares of the company’s stock after selling 80,244 shares during the quarter. NewEdge Advisors LLC owned 1.07% of Invesco S&P 500 Equal Weight Industrials ETF worth $9,997,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently bought and sold shares of the company. IFC & Insurance Marketing Inc. purchased a new position in Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter worth about $25,000. Hilton Head Capital Partners LLC bought a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter worth approximately $33,000. Advanced Asset Management Advisors Inc purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter valued at approximately $62,000. Sound Income Strategies LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter valued at approximately $103,000. Finally, CWM LLC increased its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 24.2% during the fourth quarter. CWM LLC now owns 3,218 shares of the company’s stock valued at $182,000 after acquiring an additional 628 shares in the last quarter.
Invesco S&P 500 Equal Weight Industrials ETF Stock Down 0.0%
Shares of NYSEARCA RSPN opened at $62.35 on Friday. Invesco S&P 500 Equal Weight Industrials ETF has a twelve month low of $53.47 and a twelve month high of $64.50. The firm has a market cap of $1.08 billion, a P/E ratio of 22.94 and a beta of 1.00. The company has a 50 day moving average of $62.38 and a 200 day moving average of $61.19.
About Invesco S&P 500 Equal Weight Industrials ETF
The Invesco S&P 500 Equal Weight Industrials ETF (RSPN) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks an equal-weighted index of industrial US stocks drawn from the S&P 500. RSPN was launched on Nov 1, 2006 and is managed by Invesco.
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