Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) Sets New 12-Month High – Here’s What Happened

Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPNGet Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $59.68 and last traded at $59.60, with a volume of 7435 shares. The stock had previously closed at $59.52.

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

The stock has a market capitalization of $896.53 million, a PE ratio of 22.94 and a beta of 1.09. The stock’s 50 day moving average price is $56.37 and its 200-day moving average price is $55.77.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Industrials ETF

Several large investors have recently made changes to their positions in RSPN. RFP Financial Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the third quarter valued at about $8,500,000. Wealth Enhancement Advisory Services LLC bought a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 2nd quarter valued at approximately $7,054,000. Bank of America Corp DE grew its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 11.1% in the third quarter. Bank of America Corp DE now owns 908,585 shares of the company’s stock valued at $50,972,000 after purchasing an additional 90,512 shares in the last quarter. Wealthcare Advisory Partners LLC raised its stake in Invesco S&P 500 Equal Weight Industrials ETF by 110.3% during the second quarter. Wealthcare Advisory Partners LLC now owns 159,001 shares of the company’s stock valued at $8,511,000 after purchasing an additional 83,393 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in Invesco S&P 500 Equal Weight Industrials ETF by 55.6% during the second quarter. Raymond James Financial Inc. now owns 227,096 shares of the company’s stock valued at $12,156,000 after purchasing an additional 81,168 shares during the last quarter.

Invesco S&P 500 Equal Weight Industrials ETF Company Profile

(Get Free Report)

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.

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