Western Wealth Management LLC purchased a new position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN – Free Report) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 7,763 shares of the company’s stock, valued at approximately $335,000.
Several other hedge funds and other institutional investors have also made changes to their positions in RSPN. Meitav Investment House Ltd. bought a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter worth $40,854,000. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD bought a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter worth $25,462,000. Affinity Wealth Management LLC bought a new position in Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter worth about $22,713,000. Davis Investment Partners LLC bought a new position in Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter worth about $13,905,000. Finally, Raymond James Financial Services Advisors Inc. bought a new position in Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter worth about $11,120,000.
Invesco S&P 500 Equal Weight Industrials ETF Trading Up 0.9 %
RSPN stock opened at $45.61 on Tuesday. The business’s 50-day moving average price is $46.09 and its two-hundred day moving average price is $42.64. The firm has a market cap of $682.78 million, a PE ratio of 23.15 and a beta of 1.25. Invesco S&P 500 Equal Weight Industrials ETF has a 1-year low of $35.95 and a 1-year high of $47.76.
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.
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Want to see what other hedge funds are holding RSPN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN – Free Report).
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