Western Wealth Management LLC purchased a new position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 7,763 shares of the company’s stock, valued at approximately $335,000. Western Wealth Management LLC owned about 0.06% of Invesco S&P 500 Equal Weight Industrials ETF at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in RSPN. MTM Investment Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at about $29,000. Key Financial Inc acquired a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at about $109,000. SOA Wealth Advisors LLC. acquired a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at about $122,000. Geneos Wealth Management Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at about $187,000. Finally, Diversified Trust Co acquired a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at about $221,000.
Invesco S&P 500 Equal Weight Industrials ETF Price Performance
NYSEARCA RSPN opened at $45.61 on Tuesday. The firm has a market capitalization of $682.78 million, a P/E 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. The business’s 50-day simple moving average is $46.09 and its 200-day simple moving average is $42.64.
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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