FSA Wealth Partners Inc. Buys Shares of 30,247 Invesco S&P 500 Equal Weight Industrials ETF $RSPN

FSA Wealth Partners Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 30,247 shares of the company’s stock, valued at approximately $1,619,000. Invesco S&P 500 Equal Weight Industrials ETF makes up about 0.8% of FSA Wealth Partners Inc.’s portfolio, making the stock its 22nd biggest position. FSA Wealth Partners Inc. owned approximately 0.25% of Invesco S&P 500 Equal Weight Industrials ETF as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. US Bancorp DE boosted its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 53.5% during the 1st quarter. US Bancorp DE now owns 1,107 shares of the company’s stock worth $54,000 after purchasing an additional 386 shares during the last quarter. IFG Advisory LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 3.4% during the 1st quarter. IFG Advisory LLC now owns 14,215 shares of the company’s stock worth $696,000 after purchasing an additional 472 shares during the last quarter. Kingsview Wealth Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 5.0% in the first quarter. Kingsview Wealth Management LLC now owns 11,601 shares of the company’s stock worth $568,000 after acquiring an additional 552 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 5.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 13,195 shares of the company’s stock worth $646,000 after acquiring an additional 635 shares during the last quarter. Finally, Focus Financial Network Inc. boosted its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 7.6% in the second quarter. Focus Financial Network Inc. now owns 9,848 shares of the company’s stock worth $527,000 after acquiring an additional 699 shares during the last quarter.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

RSPN opened at $56.15 on Friday. The company’s 50 day simple moving average is $55.64 and its 200 day simple moving average is $52.56. Invesco S&P 500 Equal Weight Industrials ETF has a 1 year low of $42.28 and a 1 year high of $56.83. The stock has a market capitalization of $695.14 million, a PE ratio of 22.94 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.