Invesco S&P 500 Equal Weight Industrials ETF $RSPN is Affinity Wealth Management LLC’s 7th Largest Position

Affinity Wealth Management LLC decreased its position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 0.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 628,222 shares of the company’s stock after selling 4,270 shares during the period. Invesco S&P 500 Equal Weight Industrials ETF accounts for approximately 5.4% of Affinity Wealth Management LLC’s investment portfolio, making the stock its 7th largest position. Affinity Wealth Management LLC owned 0.05% of Invesco S&P 500 Equal Weight Industrials ETF worth $33,629,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in RSPN. Citadel Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth approximately $557,000. Park Avenue Securities LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 1st quarter worth approximately $347,000. Farther Finance Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 1st quarter worth approximately $3,207,000. Envestnet Portfolio Solutions Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 1st quarter worth approximately $434,000. Finally, Clear Creek Financial Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 81.6% during the 1st quarter. Clear Creek Financial Management LLC now owns 95,644 shares of the company’s stock worth $4,680,000 after purchasing an additional 42,975 shares during the period.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

NYSEARCA:RSPN opened at $55.40 on Thursday. The stock has a market capitalization of $685.85 million, a P/E ratio of 22.94 and a beta of 1.10. The company has a 50 day moving average price of $55.59 and a 200 day moving average price of $52.27. Invesco S&P 500 Equal Weight Industrials ETF has a fifty-two week low of $42.28 and a fifty-two week high of $56.83.

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.