ICA Group Wealth Management LLC Cuts Stock Holdings in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

ICA Group Wealth Management LLC reduced its position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 48.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,210 shares of the company’s stock after selling 2,058 shares during the period. ICA Group Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $100,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Interchange Capital Partners LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 3.8% in the 1st quarter. Interchange Capital Partners LLC now owns 14,850 shares of the company’s stock worth $728,000 after purchasing an additional 549 shares in the last quarter. Comprehensive Financial Consultants Institutional Inc. increased its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 12.6% in the 2nd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 4,937 shares of the company’s stock worth $224,000 after buying an additional 552 shares in the last quarter. Private Advisor Group LLC raised its position in Invesco S&P 500 Equal Weight Industrials ETF by 1.3% in the 2nd quarter. Private Advisor Group LLC now owns 52,245 shares of the company’s stock worth $2,372,000 after buying an additional 651 shares during the last quarter. Astoria Portfolio Advisors LLC. lifted its stake in Invesco S&P 500 Equal Weight Industrials ETF by 12.9% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 6,718 shares of the company’s stock valued at $307,000 after acquiring an additional 766 shares during the period. Finally, International Assets Investment Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 2nd quarter valued at about $40,000.

Invesco S&P 500 Equal Weight Industrials ETF Stock Up 0.8 %

Shares of RSPN stock opened at $49.08 on Monday. The firm has a market capitalization of $744.05 million, a PE ratio of 22.62 and a beta of 1.24. The company has a 50 day moving average price of $47.43 and a 200-day moving average price of $46.65. Invesco S&P 500 Equal Weight Industrials ETF has a 52 week low of $36.04 and a 52 week high of $49.41.

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.