Cambridge Investment Research Advisors Inc. Sells 98,502 Shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Cambridge Investment Research Advisors Inc. cut its position in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) 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.