120,235 Shares in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) Purchased by TigerOak Management L.L.C.

TigerOak Management L.L.C. purchased a new position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 120,235 shares of the company’s stock, valued at approximately $6,036,000. Invesco S&P 500 Equal Weight Industrials ETF comprises about 2.2% of TigerOak Management L.L.C.’s holdings, making the stock its 11th biggest position. TigerOak Management L.L.C. owned 0.79% of Invesco S&P 500 Equal Weight Industrials ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. US Bancorp DE raised its stake in Invesco S&P 500 Equal Weight Industrials ETF by 113.6% in the 3rd quarter. US Bancorp DE now owns 566 shares of the company’s stock valued at $29,000 after acquiring an additional 301 shares during the period. Benjamin Edwards Inc. bought a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the 3rd quarter valued at about $247,000. Comprehensive Financial Consultants Institutional Inc. raised its stake in Invesco S&P 500 Equal Weight Industrials ETF by 10.6% in the 4th quarter. Comprehensive Financial Consultants Institutional Inc. now owns 5,085 shares of the company’s stock valued at $255,000 after acquiring an additional 488 shares during the period. Rovin Capital UT ADV raised its stake in Invesco S&P 500 Equal Weight Industrials ETF by 5.0% in the 3rd quarter. Rovin Capital UT ADV now owns 5,097 shares of the company’s stock valued at $259,000 after acquiring an additional 242 shares during the period. Finally, Stratos Wealth Partners LTD. bought a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at about $314,000.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight Industrials ETF stock opened at $51.63 on Friday. The stock has a market capitalization of $782.71 million, a P/E ratio of 22.62 and a beta of 1.24. The stock’s 50-day simple moving average is $51.66 and its 200 day simple moving average is $51.05. Invesco S&P 500 Equal Weight Industrials ETF has a 52-week low of $44.34 and a 52-week high of $55.27.

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.