Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) Shares Sold by Traction Financial Partners LLC

Traction Financial Partners LLC reduced its stake in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 4.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,947 shares of the company’s stock after selling 1,861 shares during the period. Invesco S&P 500 Equal Weight Industrials ETF makes up about 1.4% of Traction Financial Partners LLC’s investment portfolio, making the stock its 13th biggest holding. Traction Financial Partners LLC owned approximately 0.24% of Invesco S&P 500 Equal Weight Industrials ETF worth $1,805,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Wealthcare Advisory Partners LLC increased its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 0.6% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 169,717 shares of the company’s stock valued at $8,520,000 after purchasing an additional 1,031 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 2.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 138,486 shares of the company’s stock valued at $7,092,000 after purchasing an additional 3,895 shares in the last quarter. TigerOak Management L.L.C. acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at $6,036,000. TKG Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 5.3% in the 3rd quarter. TKG Advisors LLC now owns 77,971 shares of the company’s stock valued at $3,993,000 after purchasing an additional 3,898 shares in the last quarter. Finally, G&S Capital LLC increased its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 3.0% in the 4th quarter. G&S Capital LLC now owns 58,921 shares of the company’s stock valued at $2,958,000 after purchasing an additional 1,721 shares in the last quarter.

Invesco S&P 500 Equal Weight Industrials ETF Price Performance

NYSEARCA:RSPN opened at $51.63 on Tuesday. The firm has a 50-day moving average of $51.62 and a two-hundred day moving average of $51.10. The stock has a market cap of $782.71 million, a P/E ratio of 22.62 and a beta of 1.24. Invesco S&P 500 Equal Weight Industrials ETF has a 1-year low of $44.34 and a 1-year high of $55.27.

Invesco S&P 500 Equal Weight Industrials ETF 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.