Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN – Get Free Report) saw unusually-strong trading volume on Friday. Approximately 323,769 shares traded hands during mid-day trading, an increase of 54% from the average daily volume of 209,763 shares. The stock last traded at $60.83 and had previously closed at $61.06.
Invesco S&P 500 Equal Weight Industrials ETF Stock Performance
The firm has a fifty day moving average of $59.86 and a 200-day moving average of $61.07. The stock has a market capitalization of $706.58 million, a price-to-earnings ratio of 22.94 and a beta of 1.00.
Institutional Investors Weigh In On Invesco S&P 500 Equal Weight Industrials ETF
Several institutional investors and hedge funds have recently bought and sold shares of RSPN. Brian Low Financial Group LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 3.8% in the 3rd quarter. Brian Low Financial Group LLC now owns 13,781 shares of the company’s stock worth $798,000 after acquiring an additional 501 shares during the period. Victory Financial Group LLC purchased a new position in Invesco S&P 500 Equal Weight Industrials ETF during the third quarter valued at approximately $458,000. Oppenheimer & Co. Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 3rd quarter valued at $304,000. Park Avenue Securities LLC acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF in the 3rd quarter valued at $211,000. Finally, Flagship Harbor Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF during the 3rd quarter valued at $248,000.
Invesco S&P 500 Equal Weight Industrials ETF Company Profile
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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