Farther Finance Advisors LLC Has $3.63 Million Stock Position in Invesco S&P 500 Equal Weight Industrials ETF $RSPN

Farther Finance Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 4.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 67,847 shares of the company’s stock after buying an additional 2,649 shares during the quarter. Farther Finance Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $3,632,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. North Capital Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 1st quarter worth approximately $41,000. PNC Financial Services Group Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 1st quarter worth approximately $47,000. US Bancorp DE boosted its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 53.5% in the 1st quarter. US Bancorp DE now owns 1,107 shares of the company’s stock worth $54,000 after buying an additional 386 shares during the last quarter. Salem Investment Counselors Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 2nd quarter worth approximately $80,000. Finally, Silver Oak Securities Incorporated purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 2nd quarter worth approximately $201,000.

Invesco S&P 500 Equal Weight Industrials ETF Stock Down 0.2%

Shares of NYSEARCA RSPN opened at $55.92 on Monday. Invesco S&P 500 Equal Weight Industrials ETF has a twelve month low of $42.28 and a twelve month high of $56.83. The stock’s 50 day moving average price is $55.53 and its 200-day moving average price is $52.19. The company has a market capitalization of $692.29 million, a PE ratio of 22.94 and a beta of 1.10.

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.