TKG Advisors LLC reduced its position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN – Free Report) by 13.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 71,520 shares of the company’s stock after selling 10,699 shares during the quarter. Invesco S&P 500 Equal Weight Industrials ETF comprises approximately 1.7% of TKG Advisors LLC’s portfolio, making the stock its 20th biggest position. TKG Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $4,118,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of RSPN. IFC & Insurance Marketing Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter worth about $25,000. Hilton Head Capital Partners LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth $33,000. Advanced Asset Management Advisors Inc purchased a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter worth about $62,000. Sound Income Strategies LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter worth approximately $103,000. Finally, CWM LLC raised its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 24.2% during the fourth quarter. CWM LLC now owns 3,218 shares of the company’s stock worth $182,000 after purchasing an additional 628 shares during the last quarter.
Invesco S&P 500 Equal Weight Industrials ETF Stock Performance
Invesco S&P 500 Equal Weight Industrials ETF stock opened at $63.66 on Thursday. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of 22.94 and a beta of 1.00. Invesco S&P 500 Equal Weight Industrials ETF has a fifty-two week low of $53.47 and a fifty-two week high of $64.50. The stock’s fifty day moving average is $61.26 and its two-hundred day moving average is $60.35.
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.
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