Invesco S&P 500 Equal Weight Industrials ETF $RSPN Shares Sold by RFP Financial Group LLC

RFP Financial Group LLC reduced its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 90.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 14,352 shares of the company’s stock after selling 137,168 shares during the quarter. RFP Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $813,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Graham Capital Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth $3,496,000. Hills Bank & Trust Co acquired a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at about $1,209,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 671.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 87,252 shares of the company’s stock valued at $4,941,000 after buying an additional 75,939 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 235.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,422,350 shares of the company’s stock valued at $137,178,000 after buying an additional 1,700,000 shares during the period. Finally, Wealthcare Advisory Partners LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 7.2% in the 3rd quarter. Wealthcare Advisory Partners LLC now owns 170,395 shares of the company’s stock valued at $9,559,000 after buying an additional 11,394 shares during the period.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

NYSEARCA RSPN opened at $62.01 on Monday. Invesco S&P 500 Equal Weight Industrials ETF has a one year low of $51.48 and a one year high of $64.16. The company has a 50-day simple moving average of $60.45 and a 200-day simple moving average of $59.74. The firm has a market capitalization of $1.01 billion, a PE ratio of 22.94 and a beta of 1.01.

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.