Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) Hits New 12-Month High at $50.61

Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $50.61 and last traded at $50.61, with a volume of 31603 shares trading hands. The stock had previously closed at $50.36.

Invesco S&P 500 Equal Weight Industrials ETF Price Performance

The business’s 50-day moving average price is $47.92 and its two-hundred day moving average price is $46.82. The company has a market capitalization of $767.70 million, a P/E ratio of 22.62 and a beta of 1.24.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. International Assets Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 2nd quarter worth about $40,000. Register Financial Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the first quarter worth about $57,000. ICA Group Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter worth about $185,000. Novak & Powell Financial Services Inc. bought a new position in Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at about $215,000. Finally, Comprehensive Financial Consultants Institutional Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 12.6% during the 2nd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 4,937 shares of the company’s stock worth $224,000 after acquiring an additional 552 shares during the period.

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.