Comprehensive Financial Consultants Institutional Inc. Sells 2,579 Shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Comprehensive Financial Consultants Institutional Inc. cut its stake in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 37.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,385 shares of the company’s stock after selling 2,579 shares during the period. Comprehensive Financial Consultants Institutional Inc.’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $209,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Walker Asset Management LLC acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter valued at approximately $1,134,000. Diversified Trust Co acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter valued at approximately $221,000. Interchange Capital Partners LLC acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter valued at approximately $617,000. SOA Wealth Advisors LLC. acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter valued at approximately $122,000. Finally, Affinity Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter worth approximately $22,713,000.

Invesco S&P 500 Equal Weight Industrials ETF Price Performance

Shares of NYSEARCA:RSPN traded down $0.20 during trading on Tuesday, reaching $44.97. 66,782 shares of the stock were exchanged, compared to its average volume of 111,355. Invesco S&P 500 Equal Weight Industrials ETF has a 1-year low of $36.04 and a 1-year high of $47.76. The stock has a fifty day moving average of $46.06 and a two-hundred day moving average of $45.25. The firm has a market cap of $681.75 million, a price-to-earnings 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.