Cambridge Investment Research Advisors Inc. cut its position in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN – Free Report) by 68.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,617 shares of the company’s stock after selling 98,502 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $2,026,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of the company. Wells Fargo & Company MN acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth about $12,257,000. TKG Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter worth approximately $3,020,000. Commonwealth Equity Services LLC lifted its stake in Invesco S&P 500 Equal Weight Industrials ETF by 225.3% in the first quarter. Commonwealth Equity Services LLC now owns 89,656 shares of the company’s stock valued at $4,278,000 after buying an additional 62,097 shares during the period. Private Advisor Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth approximately $2,305,000. Finally, Traction Financial Partners LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth approximately $2,083,000.
Invesco S&P 500 Equal Weight Industrials ETF Stock Up 1.1 %
Invesco S&P 500 Equal Weight Industrials ETF stock opened at $49.40 on Tuesday. The company has a market capitalization of $748.90 million, a PE ratio of 22.62 and a beta of 1.24. Invesco S&P 500 Equal Weight Industrials ETF has a 12-month low of $36.04 and a 12-month high of $49.41. The firm’s fifty day moving average is $46.82 and its 200 day moving average is $46.42.
Invesco S&P 500 Equal Weight Industrials ETF 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.
See Also
- Five stocks we like better than Invesco S&P 500 Equal Weight Industrials ETF
- What is a buyback in stocks? A comprehensive guide for investors
- Autodesk Stock: Analysts’ Top AI Pick You Shouldn’t Overlook
- What is a Death Cross in Stocks?
- Hidden Opportunities in Li Auto’s Tough Quarter You Can’t Miss
- Business Services Stocks Investing
- Don’t Overlook Campbell Soup: Here’s What Could Drive Its Stock
Want to see what other hedge funds are holding RSPN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight Industrials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Industrials ETF and related companies with MarketBeat.com's FREE daily email newsletter.