NewEdge Advisors LLC cut its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN – Free Report) by 31.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 173,624 shares of the company’s stock after selling 80,244 shares during the quarter. NewEdge Advisors LLC owned about 1.07% of Invesco S&P 500 Equal Weight Industrials ETF worth $9,997,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. grew its position in Invesco S&P 500 Equal Weight Industrials ETF by 1,022,039.7% during the 4th quarter. JPMorgan Chase & Co. now owns 2,831,327 shares of the company’s stock valued at $160,338,000 after purchasing an additional 2,831,050 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 235.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,422,350 shares of the company’s stock worth $137,178,000 after buying an additional 1,700,000 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 3.1% in the first quarter. Bank of America Corp DE now owns 973,290 shares of the company’s stock worth $56,042,000 after buying an additional 29,387 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 367.2% during the first quarter. Royal Bank of Canada now owns 469,946 shares of the company’s stock valued at $27,059,000 after buying an additional 369,358 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 2.9% during the fourth quarter. LPL Financial LLC now owns 380,323 shares of the company’s stock valued at $21,538,000 after acquiring an additional 10,636 shares in the last quarter.
Invesco S&P 500 Equal Weight Industrials ETF Price Performance
Shares of NYSEARCA RSPN opened at $64.78 on Monday. Invesco S&P 500 Equal Weight Industrials ETF has a twelve month low of $53.47 and a twelve month high of $65.49. The firm has a market cap of $1.14 billion, a P/E ratio of 22.94 and a beta of 1.00. The company has a 50 day moving average of $62.83 and a 200 day moving average of $61.35.
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.
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