Meitav Investment House Ltd. Trims Stock Position in Invesco S&P 500 Equal Weight Industrials ETF $RSPN

Meitav Investment House Ltd. trimmed its position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 29.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 596,431 shares of the company’s stock after selling 252,100 shares during the quarter. Meitav Investment House Ltd. owned about 4.38% of Invesco S&P 500 Equal Weight Industrials ETF worth $34,342,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 1,022,039.7% in the fourth quarter. JPMorgan Chase & Co. now owns 2,831,327 shares of the company’s stock valued at $160,338,000 after acquiring an additional 2,831,050 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Invesco S&P 500 Equal Weight Industrials ETF by 235.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,422,350 shares of the company’s stock worth $137,178,000 after acquiring an additional 1,700,000 shares during the last quarter. Bank of America Corp DE increased its stake in Invesco S&P 500 Equal Weight Industrials ETF by 11.1% during the third quarter. Bank of America Corp DE now owns 908,585 shares of the company’s stock worth $50,972,000 after acquiring an additional 90,512 shares during the last quarter. Affinity Wealth Management LLC raised its position in Invesco S&P 500 Equal Weight Industrials ETF by 0.7% in the fourth quarter. Affinity Wealth Management LLC now owns 633,237 shares of the company’s stock valued at $35,860,000 after purchasing an additional 4,606 shares during the period. Finally, LPL Financial LLC raised its position in Invesco S&P 500 Equal Weight Industrials ETF by 2.9% in the fourth quarter. LPL Financial LLC now owns 380,323 shares of the company’s stock valued at $21,538,000 after purchasing an additional 10,636 shares during the period.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight Industrials ETF stock traded down $1.10 during trading hours on Tuesday, hitting $63.19. The company’s stock had a trading volume of 15,738 shares, compared to its average volume of 187,892. The stock has a market cap of $1.08 billion, a price-to-earnings ratio of 22.94 and a beta of 1.00. 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 fifty day moving average of $61.45 and a 200-day moving average of $60.50.

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.