Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) Holdings Trimmed by Carmel Capital Management L.L.C.

Carmel Capital Management L.L.C. lowered its holdings in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 4.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 167,785 shares of the company’s stock after selling 8,000 shares during the period. Invesco S&P 500 Equal Weight Industrials ETF makes up 3.2% of Carmel Capital Management L.L.C.’s portfolio, making the stock its 14th biggest position. Carmel Capital Management L.L.C. owned about 1.11% of Invesco S&P 500 Equal Weight Industrials ETF worth $8,423,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of RSPN. NewEdge Advisors LLC lifted its position in Invesco S&P 500 Equal Weight Industrials ETF by 5,760.2% in the 2nd quarter. NewEdge Advisors LLC now owns 281,524 shares of the company’s stock worth $12,784,000 after buying an additional 276,720 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its position in Invesco S&P 500 Equal Weight Industrials ETF by 0.6% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 169,717 shares of the company’s stock valued at $8,520,000 after purchasing an additional 1,031 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Invesco S&P 500 Equal Weight Industrials ETF by 2.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 138,486 shares of the company’s stock valued at $7,092,000 after purchasing an additional 3,895 shares in the last quarter. TKG Advisors LLC increased its position in Invesco S&P 500 Equal Weight Industrials ETF by 5.3% in the 3rd quarter. TKG Advisors LLC now owns 77,971 shares of the company’s stock worth $3,993,000 after purchasing an additional 3,898 shares during the last quarter. Finally, Private Advisory Group LLC raised its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 2.2% during the 3rd quarter. Private Advisory Group LLC now owns 68,339 shares of the company’s stock worth $3,500,000 after purchasing an additional 1,492 shares in the last quarter.

Invesco S&P 500 Equal Weight Industrials ETF Price Performance

Shares of Invesco S&P 500 Equal Weight Industrials ETF stock opened at $53.23 on Friday. The firm has a market cap of $806.97 million, a price-to-earnings ratio of 22.62 and a beta of 1.24. The stock has a 50-day simple moving average of $52.39 and a 200-day simple moving average of $50.42. Invesco S&P 500 Equal Weight Industrials ETF has a 52-week low of $42.55 and a 52-week high of $55.27.

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.