Avantax Advisory Services Inc. Sells 794 Shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Avantax Advisory Services Inc. reduced its position in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 7.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,856 shares of the company’s stock after selling 794 shares during the period. Avantax Advisory Services Inc. owned about 0.07% of Invesco S&P 500 Equal Weight Industrials ETF worth $495,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Benjamin Edwards Inc. bought a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the 3rd quarter worth approximately $247,000. Comprehensive Financial Consultants Institutional Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 10.6% during the fourth quarter. Comprehensive Financial Consultants Institutional Inc. now owns 5,085 shares of the company’s stock worth $255,000 after purchasing an additional 488 shares during the period. Stratos Wealth Partners LTD. bought a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter worth $314,000. World Investment Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 41.4% in the third quarter. World Investment Advisors LLC now owns 7,000 shares of the company’s stock valued at $358,000 after purchasing an additional 2,050 shares during the period. Finally, JPMorgan Chase & Co. raised its position in Invesco S&P 500 Equal Weight Industrials ETF by 331.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,855 shares of the company’s stock worth $402,000 after purchasing an additional 6,033 shares during the last quarter.

Invesco S&P 500 Equal Weight Industrials ETF Trading Down 0.4 %

NYSEARCA RSPN opened at $49.25 on Monday. The firm has a market capitalization of $650.10 million, a PE ratio of 24.23 and a beta of 1.15. The business’s 50-day moving average price is $51.08 and its two-hundred day moving average price is $51.51. Invesco S&P 500 Equal Weight Industrials ETF has a 12 month low of $44.73 and a 12 month high of $55.27.

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.