Wealthspire Advisors LLC Makes New Investment in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Wealthspire Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 8,485 shares of the company’s stock, valued at approximately $426,000. Wealthspire Advisors LLC owned about 0.06% of Invesco S&P 500 Equal Weight Industrials ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Meitav Investment House Ltd. lifted its position in Invesco S&P 500 Equal Weight Industrials ETF by 4.1% in the fourth quarter. Meitav Investment House Ltd. now owns 895,657 shares of the company’s stock valued at $44,962,000 after purchasing an additional 35,400 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its position in Invesco S&P 500 Equal Weight Industrials ETF by 0.6% in 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 lifted its position 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 during the last quarter. TigerOak Management L.L.C. bought a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter valued at approximately $6,036,000. Finally, TKG Advisors LLC lifted its position in Invesco S&P 500 Equal Weight Industrials ETF by 1.6% in the fourth quarter. TKG Advisors LLC now owns 79,236 shares of the company’s stock valued at $4,208,000 after purchasing an additional 1,265 shares during the last quarter.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

Shares of RSPN stock opened at $50.66 on Thursday. Invesco S&P 500 Equal Weight Industrials ETF has a fifty-two week low of $44.73 and a fifty-two week high of $55.27. The stock has a 50 day moving average price of $51.40 and a two-hundred day moving average price of $51.32. The company has a market capitalization of $768.01 million, a P/E ratio of 22.62 and a beta of 1.24.

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.