Shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN – Get Free Report) saw an uptick in trading volume on Thursday. Approximately 231,423 shares were traded during trading, an increase of 18% from the previous session’s volume of 196,456 shares. The stock last traded at $58.3690 and had previously closed at $58.24.
Invesco S&P 500 Equal Weight Industrials ETF Price Performance
The company has a market cap of $721.16 million, a price-to-earnings ratio of 22.94 and a beta of 1.00. The business’s fifty day moving average price is $61.23 and its 200 day moving average price is $61.19.
Institutional Trading of Invesco S&P 500 Equal Weight Industrials ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE raised its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 3.1% in the 1st quarter. Bank of America Corp DE now owns 973,290 shares of the company’s stock worth $56,042,000 after acquiring an additional 29,387 shares in the last quarter. Annex Advisory Services LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 2nd quarter valued at about $33,819,000. Royal Bank of Canada boosted its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 367.2% during the 1st 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 acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the first quarter worth approximately $14,320,000. Finally, Wealthcare Advisory Partners LLC grew its stake in Invesco S&P 500 Equal Weight Industrials ETF by 1.3% during the second quarter. Wealthcare Advisory Partners LLC now owns 175,887 shares of the company’s stock worth $11,256,000 after purchasing an additional 2,257 shares during the period.
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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