Wealthcare Advisory Partners LLC Cuts Stake in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Wealthcare Advisory Partners LLC lowered its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 55.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,608 shares of the company’s stock after selling 94,109 shares during the period. Wealthcare Advisory Partners LLC owned about 0.58% of Invesco S&P 500 Equal Weight Industrials ETF worth $3,700,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of RSPN. Raymond James Financial Inc. purchased a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter valued at about $7,770,000. Strategic Wealth Partners Ltd. purchased a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter valued at about $6,403,000. TigerOak Management L.L.C. purchased a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter valued at about $6,036,000. Farther Finance Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the 1st quarter valued at about $3,207,000. Finally, Meitav Investment House Ltd. grew its stake in Invesco S&P 500 Equal Weight Industrials ETF by 4.1% during the 4th quarter. Meitav Investment House Ltd. now owns 895,657 shares of the company’s stock valued at $44,962,000 after acquiring an additional 35,400 shares in the last quarter.

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

Shares of NYSEARCA RSPN opened at $52.97 on Wednesday. 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 stock has a market cap of $644.64 million, a PE ratio of 24.01 and a beta of 1.10. The company has a 50-day moving average of $49.39 and a 200 day moving average of $50.69.

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.