Stratos Wealth Partners LTD. Makes New $314,000 Investment in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Stratos Wealth Partners LTD. acquired a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 6,249 shares of the company’s stock, valued at approximately $314,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. US Bancorp DE raised its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 113.6% during the 3rd quarter. US Bancorp DE now owns 566 shares of the company’s stock worth $29,000 after purchasing an additional 301 shares during the last quarter. Benjamin Edwards Inc. bought a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the 3rd quarter worth about $247,000. Comprehensive Financial Consultants Institutional Inc. increased its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 10.6% in the 4th quarter. Comprehensive Financial Consultants Institutional Inc. now owns 5,085 shares of the company’s stock valued at $255,000 after acquiring an additional 488 shares during the last quarter. Rovin Capital UT ADV increased its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 5.0% in the 3rd quarter. Rovin Capital UT ADV now owns 5,097 shares of the company’s stock valued at $259,000 after acquiring an additional 242 shares during the last quarter. Finally, Cedrus LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 3rd quarter valued at about $333,000.

Invesco S&P 500 Equal Weight Industrials ETF Price Performance

Shares of RSPN stock opened at $51.54 on Thursday. The stock has a market cap of $781.35 million, a PE ratio of 22.62 and a beta of 1.24. The stock has a 50-day moving average of $51.83 and a 200-day moving average of $50.99. Invesco S&P 500 Equal Weight Industrials ETF has a one year low of $43.69 and a one year 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.