Shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN – Get Free Report) saw strong trading volume on Friday . 59,171 shares changed hands during mid-day trading, an increase of 10% from the previous session’s volume of 53,797 shares.The stock last traded at $50.21 and had previously closed at $49.93.
Invesco S&P 500 Equal Weight Industrials ETF Stock Performance
The firm’s 50 day simple moving average is $52.77 and its 200-day simple moving average is $49.82. The company has a market capitalization of $764.52 million, a price-to-earnings ratio of 22.62 and a beta of 1.24.
Institutional Trading of Invesco S&P 500 Equal Weight Industrials ETF
Several large investors have recently added to or reduced their stakes in RSPN. International Assets Investment Management LLC acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF in the second quarter valued at about $40,000. Private Advisor Group LLC lifted its stake in Invesco S&P 500 Equal Weight Industrials ETF by 1.3% in the second quarter. Private Advisor Group LLC now owns 52,245 shares of the company’s stock valued at $2,372,000 after acquiring an additional 651 shares during the last quarter. Oppenheimer & Co. Inc. lifted its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 30.9% in the second quarter. Oppenheimer & Co. Inc. now owns 46,306 shares of the company’s stock valued at $2,103,000 after buying an additional 10,936 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 5,760.2% during 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 during the period. Finally, Traction Financial Partners LLC raised its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 6.8% in the 2nd quarter. Traction Financial Partners LLC now owns 44,812 shares of the company’s stock valued at $2,134,000 after acquiring an additional 2,868 shares during the period.
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.
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