Traction Financial Partners LLC Sells 3,845 Shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Traction Financial Partners LLC decreased its stake in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 10.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,102 shares of the company’s stock after selling 3,845 shares during the period. Invesco S&P 500 Equal Weight Industrials ETF accounts for approximately 1.2% of Traction Financial Partners LLC’s holdings, making the stock its 15th largest position. Traction Financial Partners LLC owned approximately 0.25% of Invesco S&P 500 Equal Weight Industrials ETF worth $1,571,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. CoreCap Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 22.5% in the 4th quarter. CoreCap Advisors LLC now owns 1,225 shares of the company’s stock valued at $61,000 after acquiring an additional 225 shares in the last quarter. Stratos Wealth Partners LTD. bought a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at about $314,000. Mariner LLC lifted its stake in Invesco S&P 500 Equal Weight Industrials ETF by 8.3% in the 4th quarter. Mariner LLC now owns 6,959 shares of the company’s stock valued at $349,000 after purchasing an additional 531 shares during the last quarter. Park Avenue Securities LLC acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the 1st quarter valued at about $347,000. Finally, Wealthspire Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at about $426,000.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

Shares of NYSEARCA:RSPN opened at $52.97 on Wednesday. Invesco S&P 500 Equal Weight Industrials ETF has a 52-week low of $42.28 and a 52-week high of $55.27. The company has a market capitalization of $644.64 million, a P/E ratio of 24.01 and a beta of 1.10. The company has a 50-day simple moving average of $49.51 and a 200 day simple moving average of $50.70.

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.