Affinity Wealth Management LLC grew its holdings in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN – Free Report) by 1.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 632,492 shares of the company’s stock after acquiring an additional 9,870 shares during the quarter. Invesco S&P 500 Equal Weight Industrials ETF accounts for 5.7% of Affinity Wealth Management LLC’s portfolio, making the stock its 7th largest holding. Affinity Wealth Management LLC owned approximately 4.84% of Invesco S&P 500 Equal Weight Industrials ETF worth $30,948,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. CoreCap Advisors LLC lifted its position in Invesco S&P 500 Equal Weight Industrials ETF by 22.5% in the fourth quarter. CoreCap Advisors LLC now owns 1,225 shares of the company’s stock worth $61,000 after purchasing an additional 225 shares during the period. Stratos Wealth Partners LTD. bought a new position in Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter worth $314,000. Mariner LLC lifted its position in Invesco S&P 500 Equal Weight Industrials ETF by 8.3% in the fourth quarter. Mariner LLC now owns 6,959 shares of the company’s stock worth $349,000 after purchasing an additional 531 shares during the period. Wealthspire Advisors LLC bought a new position in Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter worth $426,000. Finally, Signature Estate & Investment Advisors LLC lifted its position in Invesco S&P 500 Equal Weight Industrials ETF by 5.8% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 10,133 shares of the company’s stock worth $509,000 after purchasing an additional 560 shares during the period.
Invesco S&P 500 Equal Weight Industrials ETF Price Performance
Shares of RSPN stock opened at $52.51 on Friday. The stock has a market cap of $626.44 million, a P/E ratio of 24.01 and a beta of 1.11. Invesco S&P 500 Equal Weight Industrials ETF has a one year low of $42.28 and a one year high of $55.27. The stock has a fifty day moving average price of $49.17 and a 200 day moving average price of $50.74.
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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