Financial Services Advisory Inc Invests $894,000 in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Financial Services Advisory Inc purchased a new position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 17,462 shares of the company’s stock, valued at approximately $894,000. Financial Services Advisory Inc owned approximately 0.12% of Invesco S&P 500 Equal Weight Industrials ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of RSPN. US Bancorp DE grew its position in 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 during the last quarter. International Assets Investment Management LLC acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF in the second quarter worth approximately $40,000. Comprehensive Financial Consultants Institutional Inc. increased its position in Invesco S&P 500 Equal Weight Industrials ETF by 12.6% during the second quarter. Comprehensive Financial Consultants Institutional Inc. now owns 4,937 shares of the company’s stock worth $224,000 after buying an additional 552 shares during the last quarter. Cedrus LLC bought a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the third quarter worth approximately $333,000. Finally, Kingsview Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF during the first quarter valued at approximately $331,000.

Invesco S&P 500 Equal Weight Industrials ETF Trading Up 3.6 %

NYSEARCA:RSPN opened at $54.04 on Thursday. The firm has a market capitalization of $819.25 million, a PE ratio of 22.62 and a beta of 1.24. Invesco S&P 500 Equal Weight Industrials ETF has a 1 year low of $37.66 and a 1 year high of $54.15. The firm’s fifty day simple moving average is $50.58 and its 200 day simple moving average is $47.91.

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.