JPMorgan Chase & Co. Boosts Stake in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

JPMorgan Chase & Co. increased its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPNFree Report) by 331.1% during the third quarter, Holdings Channel.com reports. The fund owned 7,855 shares of the company’s stock after buying an additional 6,033 shares during the period. JPMorgan Chase & Co.’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $402,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. US Bancorp DE increased its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 113.6% in the third quarter. US Bancorp DE now owns 566 shares of the company’s stock valued at $29,000 after buying an additional 301 shares in the last quarter. Benjamin Edwards Inc. acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the 3rd quarter valued at $247,000. Rovin Capital UT ADV increased its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 5.0% in the 3rd quarter. Rovin Capital UT ADV now owns 5,097 shares of the company’s stock worth $259,000 after acquiring an additional 242 shares in the last quarter. Cedrus LLC acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF during the third quarter worth $333,000. Finally, World Investment Advisors LLC raised its position in Invesco S&P 500 Equal Weight Industrials ETF by 41.4% during the third quarter. World Investment Advisors LLC now owns 7,000 shares of the company’s stock worth $358,000 after acquiring an additional 2,050 shares during the period.

Invesco S&P 500 Equal Weight Industrials ETF Stock Down 0.5 %

Shares of NYSEARCA RSPN opened at $52.11 on Thursday. The firm has a market cap of $789.99 million, a price-to-earnings ratio of 22.62 and a beta of 1.24. The company’s 50-day simple moving average is $52.36 and its 200-day simple moving average is $50.66. Invesco S&P 500 Equal Weight Industrials ETF has a 52-week low of $42.67 and a 52-week high of $55.27.

About Invesco S&P 500 Equal Weight Industrials ETF

(Free Report)

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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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:RSPNFree Report).

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

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