Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN – Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 202,755 shares were traded during trading, an increase of 3% from the previous session’s volume of 196,583 shares.The stock last traded at $61.53 and had previously closed at $62.04.
Invesco S&P 500 Equal Weight Industrials ETF Price Performance
The company has a market cap of $984.35 million, a price-to-earnings ratio of 22.94 and a beta of 1.01. The business’s fifty day moving average price is $60.21 and its 200 day moving average price is $59.59.
Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Industrials ETF
Hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. raised its stake in Invesco S&P 500 Equal Weight Industrials ETF by 1,022,039.7% during the fourth quarter. JPMorgan Chase & Co. now owns 2,831,327 shares of the company’s stock worth $160,338,000 after buying an additional 2,831,050 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in 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 valued at $137,178,000 after purchasing an additional 1,700,000 shares in the last quarter. Royal Bank of Canada increased its stake in Invesco S&P 500 Equal Weight Industrials ETF by 367.2% in the first quarter. Royal Bank of Canada now owns 469,946 shares of the company’s stock valued at $27,059,000 after purchasing an additional 369,358 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the first quarter valued at $14,320,000. Finally, RFP Financial Group LLC bought a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the third quarter valued at $8,500,000.
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.
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