Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) Reaches New 1-Year High at $47.72

Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $47.72 and last traded at $47.62, with a volume of 4860 shares changing hands. The stock had previously closed at $47.58.

Invesco S&P 500 Equal Weight Industrials ETF Price Performance

The company has a 50-day moving average price of $44.97 and a 200 day moving average price of $41.64.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Rovin Capital UT ADV acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth about $280,000. ICA Group Wealth Management LLC purchased a new position in Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter worth approximately $185,000. TKG Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter worth approximately $3,020,000. Novak & Powell Financial Services Inc. purchased a new position in Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter worth approximately $215,000. Finally, Financial Gravity Asset Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter valued at approximately $33,000.

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.