Private Advisory Group LLC Purchases 94,728 Shares of Invesco S&P 500 Equal Weight Industrials ETF $RSPN

Private Advisory Group LLC acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 94,728 shares of the company’s stock, valued at approximately $5,487,000. Private Advisory Group LLC owned approximately 0.68% of Invesco S&P 500 Equal Weight Industrials ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE grew its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 3.1% during the 1st 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 bought a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 2nd quarter valued at approximately $33,819,000. Royal Bank of Canada boosted its holdings in shares of 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 purchasing an additional 369,358 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 1st quarter worth approximately $14,320,000. Finally, Wealthcare Advisory Partners LLC increased its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 1.3% during the 2nd 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 Trading Down 0.9%

Shares of NYSEARCA:RSPN opened at $61.63 on Friday. The firm’s 50-day moving average is $59.66 and its 200 day moving average is $61.12. The company has a market capitalization of $850.49 million, a price-to-earnings ratio of 25.07 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 $65.49.

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.