Farther Finance Advisors LLC Makes New Investment in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Farther Finance Advisors LLC bought a new position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) during the 1st quarter, HoldingsChannel reports. The firm bought 65,198 shares of the company’s stock, valued at approximately $3,207,000.

Several other hedge funds also recently bought and sold shares of the company. Kingsview Wealth Management LLC raised its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 2.0% in the fourth quarter. Kingsview Wealth Management LLC now owns 11,049 shares of the company’s stock worth $555,000 after purchasing an additional 218 shares during the period. CoreCap Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 22.5% during the fourth quarter. CoreCap Advisors LLC now owns 1,225 shares of the company’s stock worth $61,000 after acquiring an additional 225 shares in the last quarter. Cetera Investment Advisers increased its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 1.0% during the fourth quarter. Cetera Investment Advisers now owns 29,403 shares of the company’s stock worth $1,476,000 after acquiring an additional 294 shares in the last quarter. Mariner LLC increased its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 8.3% during the fourth quarter. Mariner LLC now owns 6,959 shares of the company’s stock worth $349,000 after acquiring an additional 531 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 5.8% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 10,133 shares of the company’s stock worth $509,000 after acquiring an additional 560 shares in the last quarter.

Invesco S&P 500 Equal Weight Industrials ETF Stock Up 0.1%

Shares of RSPN stock opened at $52.97 on Wednesday. The firm has a fifty day moving average of $49.39 and a 200-day moving average of $50.69. Invesco S&P 500 Equal Weight Industrials ETF has a 12-month low of $42.28 and a 12-month high of $55.27. The company has a market capitalization of $644.64 million, a price-to-earnings ratio of 24.01 and a beta of 1.10.

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.