Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN – Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $49.41 and last traded at $49.41, with a volume of 928 shares traded. The stock had previously closed at $49.08.
Invesco S&P 500 Equal Weight Industrials ETF Trading Down 0.0 %
The firm has a market capitalization of $753.00 million, a P/E ratio of 22.62 and a beta of 1.24. The business’s fifty day moving average is $47.61 and its 200 day moving average is $46.70.
Institutional Investors Weigh In On Invesco S&P 500 Equal Weight Industrials ETF
Hedge funds have recently modified their holdings of the stock. Wells Fargo & Company MN acquired a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter valued at approximately $12,257,000. NewEdge Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 5,760.2% in the second quarter. NewEdge Advisors LLC now owns 281,524 shares of the company’s stock valued at $12,784,000 after purchasing an additional 276,720 shares in the last quarter. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter valued at $5,813,000. TKG Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter valued at $3,020,000. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 225.3% during the first quarter. Commonwealth Equity Services LLC now owns 89,656 shares of the company’s stock valued at $4,278,000 after buying an additional 62,097 shares in the last quarter.
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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