Stifel Financial Corp Raises Stock Position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Stifel Financial Corp grew its holdings in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 5.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 31,212 shares of the company’s stock after purchasing an additional 1,662 shares during the quarter. Stifel Financial Corp owned 0.21% of Invesco S&P 500 Equal Weight Industrials ETF worth $1,598,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in RSPN. Benjamin Edwards Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 3rd quarter valued at $247,000. CreativeOne Wealth LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 3rd quarter valued at about $561,000. FMR LLC grew its stake in Invesco S&P 500 Equal Weight Industrials ETF by 24.4% during the 3rd quarter. FMR LLC now owns 11,530 shares of the company’s stock worth $590,000 after buying an additional 2,258 shares during the last quarter. Kingsview Wealth Management LLC increased its position in Invesco S&P 500 Equal Weight Industrials ETF by 29.7% during the third quarter. Kingsview Wealth Management LLC now owns 10,831 shares of the company’s stock worth $555,000 after buying an additional 2,482 shares during the period. Finally, Signature Estate & Investment Advisors LLC increased its position in Invesco S&P 500 Equal Weight Industrials ETF by 10.5% during the third quarter. Signature Estate & Investment Advisors LLC now owns 9,573 shares of the company’s stock worth $490,000 after buying an additional 909 shares during the period.

Invesco S&P 500 Equal Weight Industrials ETF Trading Up 1.0 %

RSPN stock opened at $50.94 on Friday. The company has a market capitalization of $772.25 million, a P/E ratio of 22.62 and a beta of 1.24. The business has a 50 day simple moving average of $53.03 and a 200-day simple moving average of $49.51. Invesco S&P 500 Equal Weight Industrials ETF has a twelve month low of $41.52 and a twelve month high of $55.27.

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.