Capital Investment Advisory Services LLC Takes $218,000 Position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Capital Investment Advisory Services LLC purchased a new stake in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 5,057 shares of the company’s stock, valued at approximately $218,000.

Several other hedge funds have also made changes to their positions in RSPN. Meitav Investment House Ltd. purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at approximately $40,854,000. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at approximately $25,462,000. Affinity Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at approximately $22,713,000. Davis Investment Partners LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at approximately $13,905,000. Finally, Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at approximately $11,120,000.

Invesco S&P 500 Equal Weight Industrials ETF Price Performance

Invesco S&P 500 Equal Weight Industrials ETF stock opened at $45.84 on Thursday. The stock has a market cap of $686.22 million, a price-to-earnings ratio of 23.15 and a beta of 1.25. The firm has a 50 day simple moving average of $46.16 and a 200-day simple moving average of $42.72. Invesco S&P 500 Equal Weight Industrials ETF has a 1-year low of $35.95 and a 1-year high of $47.76.

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.