Walker Asset Management LLC Grows Stake in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Walker Asset Management LLC boosted its stake in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 1.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,652 shares of the company’s stock after buying an additional 264 shares during the quarter. Invesco S&P 500 Equal Weight Industrials ETF makes up approximately 0.8% of Walker Asset Management LLC’s portfolio, making the stock its 23rd largest holding. Walker Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $1,238,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Rovin Capital UT ADV boosted its stake in Invesco S&P 500 Equal Weight Industrials ETF by 5.0% during the 3rd quarter. Rovin Capital UT ADV now owns 5,097 shares of the company’s stock worth $259,000 after purchasing an additional 242 shares during the last quarter. US Bancorp DE lifted its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 113.6% in the third quarter. US Bancorp DE now owns 566 shares of the company’s stock worth $29,000 after buying an additional 301 shares in the last quarter. Friedenthal Financial boosted its position in Invesco S&P 500 Equal Weight Industrials ETF by 1.4% during the third quarter. Friedenthal Financial now owns 29,084 shares of the company’s stock worth $1,489,000 after acquiring an additional 406 shares during the last quarter. MML Investors Services LLC grew its stake in Invesco S&P 500 Equal Weight Industrials ETF by 5.3% during the 3rd quarter. MML Investors Services LLC now owns 11,657 shares of the company’s stock valued at $597,000 after acquiring an additional 589 shares in the last quarter. Finally, National Bank of Canada FI raised its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 4.2% in the 3rd quarter. National Bank of Canada FI now owns 20,361 shares of the company’s stock valued at $1,043,000 after acquiring an additional 829 shares during the last quarter.

Invesco S&P 500 Equal Weight Industrials ETF Price Performance

RSPN opened at $52.29 on Friday. The firm has a market capitalization of $792.72 million, a price-to-earnings ratio of 22.62 and a beta of 1.24. The company’s 50 day simple moving average is $52.50 and its two-hundred day simple moving average is $50.22. Invesco S&P 500 Equal Weight Industrials ETF has a 1-year low of $41.79 and a 1-year high of $55.27.

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.