Royal Bank of Canada Buys 369,358 Shares of Invesco S&P 500 Equal Weight Industrials ETF $RSPN

Royal Bank of Canada lifted its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 367.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 469,946 shares of the company’s stock after acquiring an additional 369,358 shares during the quarter. Royal Bank of Canada’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $27,059,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of RSPN. Brown Advisory Inc. grew its stake in Invesco S&P 500 Equal Weight Industrials ETF by 6.8% in the second quarter. Brown Advisory Inc. now owns 15,750 shares of the company’s stock worth $843,000 after purchasing an additional 1,000 shares in the last quarter. Quantinno Capital Management LP bought a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the 2nd quarter valued at $388,000. Raymond James Financial Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 55.6% in the 2nd quarter. Raymond James Financial Inc. now owns 227,096 shares of the company’s stock worth $12,156,000 after buying an additional 81,168 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 4.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 272,339 shares of the company’s stock worth $14,578,000 after buying an additional 12,294 shares during the period. Finally, Captrust Financial Advisors bought a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 2nd quarter worth $207,000.

Invesco S&P 500 Equal Weight Industrials ETF Trading Up 2.0%

Shares of Invesco S&P 500 Equal Weight Industrials ETF stock opened at $65.10 on Wednesday. The firm has a market cap of $1.15 billion, a P/E ratio of 22.94 and a beta of 1.00. Invesco S&P 500 Equal Weight Industrials ETF has a 12 month low of $53.47 and a 12 month high of $65.15. The stock’s fifty day moving average price is $62.59 and its 200-day moving average price is $61.27.

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.