Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN – Get Free Report) saw strong trading volume on Thursday. Approximately 349,868 shares traded hands during trading, an increase of 76% from the previous session’s volume of 198,571 shares. The stock last traded at $59.39 and had previously closed at $59.58.
Invesco S&P 500 Equal Weight Industrials ETF Trading Up 0.4%
The stock’s fifty day moving average is $60.32 and its two-hundred day moving average is $61.29. The firm has a market cap of $716.88 million, a P/E ratio of 22.94 and a beta of 1.00.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in Invesco S&P 500 Equal Weight Industrials ETF by 3.1% during the first quarter. Bank of America Corp DE now owns 973,290 shares of the company’s stock valued at $56,042,000 after buying an additional 29,387 shares during the period. Annex Advisory Services LLC bought a new position in Invesco S&P 500 Equal Weight Industrials ETF in the 2nd quarter worth about $33,819,000. Royal Bank of Canada increased its stake in Invesco S&P 500 Equal Weight Industrials ETF by 367.2% in the 1st quarter. Royal Bank of Canada now owns 469,946 shares of the company’s stock worth $27,059,000 after acquiring an additional 369,358 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 1st quarter valued at about $14,320,000. Finally, Wealthcare Advisory Partners LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 1.3% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 175,887 shares of the company’s stock valued at $11,256,000 after acquiring an additional 2,257 shares in the last quarter.
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.
See Also
- Five stocks we like better than Invesco S&P 500 Equal Weight Industrials ETF
- Is Texas Instruments Setting Up for Its Next Big Breakout?
- Pegasystems’ Q3 Miss Exposed the Problem Standing Between AI and Cash Flow
- Lam Research’s Earnings Beat Wasn’t the Real Story—Its 2027 Outlook Was
- Tesla’s Flying-Car Hype Hits an Earnings Reality Check
Receive News & Ratings for Invesco S&P 500 Equal Weight Industrials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Industrials ETF and related companies with MarketBeat.com's FREE daily email newsletter.
