UBS Group AG Sells 15,051 Shares of Invesco S&P 500 Equal Weight Industrials ETF $RSPN

UBS Group AG cut its stake in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 9.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 138,834 shares of the company’s stock after selling 15,051 shares during the period. UBS Group AG owned approximately 0.92% of Invesco S&P 500 Equal Weight Industrials ETF worth $7,862,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Royal Bank of Canada lifted its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 0.8% in the first quarter. Royal Bank of Canada now owns 173,328 shares of the company’s stock valued at $8,482,000 after buying an additional 1,458 shares during the period. Brown Advisory Inc. increased its stake in Invesco S&P 500 Equal Weight Industrials ETF by 6.8% during the second quarter. Brown Advisory Inc. now owns 15,750 shares of the company’s stock valued at $843,000 after acquiring an additional 1,000 shares during the period. Quantinno Capital Management LP acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF in the 2nd quarter valued at approximately $388,000. Raymond James Financial Inc. raised its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 55.6% in the 2nd quarter. Raymond James Financial Inc. now owns 227,096 shares of the company’s stock valued at $12,156,000 after acquiring an additional 81,168 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 4.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 272,339 shares of the company’s stock worth $14,578,000 after acquiring an additional 12,294 shares during the period.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

Shares of NYSEARCA:RSPN opened at $59.65 on Tuesday. Invesco S&P 500 Equal Weight Industrials ETF has a 1-year low of $51.38 and a 1-year high of $64.16. The firm has a market capitalization of $968.12 million, a PE ratio of 22.94 and a beta of 1.03. The business’s 50 day moving average is $59.62 and its 200-day moving average is $58.99.

Invesco S&P 500 Equal Weight Industrials ETF 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.