Strategic Financial Concepts LLC Invests $580,000 in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Strategic Financial Concepts LLC bought a new position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 11,546 shares of the company’s stock, valued at approximately $580,000.

Several other large investors have also recently modified their holdings of RSPN. Stifel Financial Corp grew its stake in Invesco S&P 500 Equal Weight Industrials ETF by 5.6% during the third quarter. Stifel Financial Corp now owns 31,212 shares of the company’s stock valued at $1,598,000 after acquiring an additional 1,662 shares in the last quarter. FMR LLC grew its stake in Invesco S&P 500 Equal Weight Industrials ETF by 24.4% during the third quarter. FMR LLC now owns 11,530 shares of the company’s stock valued at $590,000 after acquiring an additional 2,258 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Invesco S&P 500 Equal Weight Industrials ETF by 331.1% during the third quarter. JPMorgan Chase & Co. now owns 7,855 shares of the company’s stock valued at $402,000 after acquiring an additional 6,033 shares in the last quarter. US Bancorp DE grew its stake in Invesco S&P 500 Equal Weight Industrials ETF by 113.6% during the third quarter. US Bancorp DE now owns 566 shares of the company’s stock valued at $29,000 after acquiring an additional 301 shares in the last quarter. Finally, National Bank of Canada FI grew its stake in Invesco S&P 500 Equal Weight Industrials ETF by 4.2% during the third quarter. National Bank of Canada FI now owns 20,361 shares of the company’s stock valued at $1,043,000 after acquiring an additional 829 shares in the last quarter.

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

Shares of NYSEARCA:RSPN opened at $51.89 on Wednesday. The company has a 50 day moving average of $51.88 and a 200 day moving average of $50.96. The stock has a market cap of $786.65 million, a P/E ratio of 22.62 and a beta of 1.24. Invesco S&P 500 Equal Weight Industrials ETF has a 12 month low of $43.69 and a 12 month high of $55.27.

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.