Envestnet Portfolio Solutions Inc. Sells 2,732 Shares of Invesco S&P 500 Equal Weight Industrials ETF $RSPN

Envestnet Portfolio Solutions Inc. decreased its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 30.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,129 shares of the company’s stock after selling 2,732 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $328,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Live Oak Investment Partners lifted its position in Invesco S&P 500 Equal Weight Industrials ETF by 5.3% during the second quarter. Live Oak Investment Partners now owns 24,075 shares of the company’s stock valued at $1,289,000 after purchasing an additional 1,201 shares during the period. Clear Creek Financial Management LLC lifted its position in Invesco S&P 500 Equal Weight Industrials ETF by 22.2% during the second quarter. Clear Creek Financial Management LLC now owns 116,897 shares of the company’s stock valued at $6,257,000 after purchasing an additional 21,253 shares during the period. Friedenthal Financial lifted its position in Invesco S&P 500 Equal Weight Industrials ETF by 1.8% during the second quarter. Friedenthal Financial now owns 27,611 shares of the company’s stock valued at $1,478,000 after purchasing an additional 493 shares during the period. Wealthcare Advisory Partners LLC lifted its position in Invesco S&P 500 Equal Weight Industrials ETF by 110.3% during the second quarter. Wealthcare Advisory Partners LLC now owns 159,001 shares of the company’s stock valued at $8,511,000 after purchasing an additional 83,393 shares during the period. Finally, FSA Wealth Partners Inc. bought a new position in Invesco S&P 500 Equal Weight Industrials ETF during the second quarter valued at approximately $1,619,000.

Invesco S&P 500 Equal Weight Industrials ETF Stock Up 0.9%

Shares of Invesco S&P 500 Equal Weight Industrials ETF stock opened at $56.06 on Friday. Invesco S&P 500 Equal Weight Industrials ETF has a twelve month low of $42.28 and a twelve month high of $56.83. The company has a market cap of $690.66 million, a price-to-earnings ratio of 22.94 and a beta of 1.10. The company’s 50 day moving average is $55.78 and its 200 day moving average is $53.29.

Invesco S&P 500 Equal Weight Industrials ETF Company 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.