Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN – Get Free Report) shares saw unusually-strong trading volume on Friday. Approximately 323,769 shares traded hands during mid-day trading, an increase of 54% from the average daily volume of 209,763 shares. The stock last traded at $60.83 and had previously closed at $61.06.
Invesco S&P 500 Equal Weight Industrials ETF Trading Down 0.7%
The company has a market capitalization of $706.58 million, a PE ratio of 22.94 and a beta of 1.00. The company has a fifty day simple moving average of $59.86 and a 200-day simple moving average of $61.07.
Institutional Trading of Invesco S&P 500 Equal Weight Industrials ETF
A number of large investors have recently made changes to their positions in RSPN. Bank of America Corp DE increased its holdings 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 valued at $56,042,000 after purchasing an additional 29,387 shares during the period. Annex Advisory Services LLC purchased a new position in Invesco S&P 500 Equal Weight Industrials ETF in the 2nd quarter valued at about $33,819,000. Royal Bank of Canada raised its position in shares of 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 buying an additional 369,358 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the 1st quarter worth approximately $14,320,000. Finally, Wealthcare Advisory Partners LLC increased its stake in Invesco S&P 500 Equal Weight Industrials ETF by 1.3% in the second quarter. Wealthcare Advisory Partners LLC now owns 175,887 shares of the company’s stock valued at $11,256,000 after purchasing an additional 2,257 shares during 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.
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