RFP Financial Group LLC Takes $8.50 Million Position in Invesco S&P 500 Equal Weight Industrials ETF $RSPN

RFP Financial Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 151,520 shares of the company’s stock, valued at approximately $8,500,000. Invesco S&P 500 Equal Weight Industrials ETF comprises about 3.4% of RFP Financial Group LLC’s holdings, making the stock its 8th largest holding. RFP Financial Group LLC owned 1.22% of Invesco S&P 500 Equal Weight Industrials ETF at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Raymond James Financial Inc. boosted its stake in Invesco S&P 500 Equal Weight Industrials ETF by 55.6% in the second quarter. Raymond James Financial Inc. now owns 227,096 shares of the company’s stock valued at $12,156,000 after acquiring an additional 81,168 shares during the last quarter. Treasure Coast Financial Planning lifted its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 620.8% in the 3rd quarter. Treasure Coast Financial Planning now owns 32,564 shares of the company’s stock valued at $1,827,000 after purchasing an additional 28,046 shares during the period. Global Retirement Partners LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 2nd quarter valued at $1,355,000. Ameriprise Financial Inc. boosted its position 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 purchasing an additional 12,294 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC grew its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 7.2% during the third quarter. Wealthcare Advisory Partners LLC now owns 170,395 shares of the company’s stock worth $9,559,000 after purchasing an additional 11,394 shares during the period.

Invesco S&P 500 Equal Weight Industrials ETF Trading Up 0.1%

NYSEARCA RSPN opened at $63.55 on Monday. Invesco S&P 500 Equal Weight Industrials ETF has a 12 month low of $42.28 and a 12 month high of $64.16. The stock has a 50-day simple moving average of $60.49 and a 200 day simple moving average of $57.45. The company has a market capitalization of $970.41 million, a PE ratio of 22.94 and a beta of 1.09.

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.