Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) Stock Holdings Cut by Corient Private Wealth LLC

Corient Private Wealth LLC lessened its position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 31.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 7,095 shares of the company’s stock after selling 3,187 shares during the quarter. Corient Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $356,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of RSPN. Raymond James Financial Inc. bought a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter worth approximately $7,770,000. Oppenheimer & Co. Inc. lifted its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 1.8% during the 4th quarter. Oppenheimer & Co. Inc. now owns 46,863 shares of the company’s stock valued at $2,353,000 after acquiring an additional 842 shares during the last quarter. Wealthspire Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth $426,000. Meitav Investment House Ltd. grew its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 4.1% in the 4th quarter. Meitav Investment House Ltd. now owns 895,657 shares of the company’s stock worth $44,962,000 after acquiring an additional 35,400 shares during the last quarter. Finally, TKG Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 1.6% during the fourth quarter. TKG Advisors LLC now owns 79,236 shares of the company’s stock worth $4,208,000 after purchasing an additional 1,265 shares during the period.

Invesco S&P 500 Equal Weight Industrials ETF Stock Down 2.0 %

NYSEARCA:RSPN opened at $48.66 on Monday. The stock has a fifty day simple moving average of $50.90 and a 200 day simple moving average of $51.57. The firm has a market capitalization of $642.31 million, a price-to-earnings ratio of 24.23 and a beta of 1.15. Invesco S&P 500 Equal Weight Industrials ETF has a 1-year low of $44.73 and a 1-year high of $55.27.

Invesco S&P 500 Equal Weight Industrials ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.1112 per share. The ex-dividend date of this dividend was Monday, March 24th. This is a positive change from Invesco S&P 500 Equal Weight Industrials ETF’s previous dividend of $0.11.

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.