Invesco S&P 500 Equal Weight Industrials ETF $RSPN Shares Newly Purchased by Private Advisory Group LLC

Private Advisory Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) during the third quarter, Holdings Channel reports. The firm purchased 94,728 shares of the company’s stock, valued at approximately $5,487,000.

Several other institutional investors also recently added to or reduced their stakes in RSPN. Annex Advisory Services LLC acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF during the second quarter worth approximately $33,819,000. Royal Bank of Canada boosted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 367.2% in the first quarter. Royal Bank of Canada now owns 469,946 shares of the company’s stock valued at $27,059,000 after acquiring an additional 369,358 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the first quarter valued at approximately $14,320,000. Bank of America Corp DE grew its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 3.1% during the first quarter. Bank of America Corp DE now owns 973,290 shares of the company’s stock worth $56,042,000 after acquiring an additional 29,387 shares during the last quarter. Finally, FDx Advisors Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the third quarter worth approximately $1,593,000.

Invesco S&P 500 Equal Weight Industrials ETF Price Performance

Shares of NYSEARCA:RSPN opened at $61.63 on Friday. The stock has a market cap of $850.49 million, a P/E ratio of 25.07 and a beta of 1.00. The firm has a fifty day moving average price of $59.66 and a 200 day moving average price of $61.12. Invesco S&P 500 Equal Weight Industrials ETF has a 1-year low of $53.47 and a 1-year high of $65.49.

Invesco S&P 500 Equal Weight Industrials ETF Company Profile

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.