Goldman Sachs Group Inc. boosted its position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN – Free Report) by 235.3% during the fourth quarter, Holdings Channel reports. The fund owned 2,422,350 shares of the company’s stock after acquiring an additional 1,700,000 shares during the period. Goldman Sachs Group Inc. owned about 0.16% of Invesco S&P 500 Equal Weight Industrials ETF worth $137,178,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Graham Capital Wealth Management LLC bought a new position in Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter valued at $3,496,000. RFP Financial Group LLC bought a new position in Invesco S&P 500 Equal Weight Industrials ETF in the third quarter valued at $8,500,000. Hills Bank & Trust Co bought a new position in Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter valued at $1,209,000. Northwestern Mutual Wealth Management Co. increased its stake in Invesco S&P 500 Equal Weight Industrials ETF by 671.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 87,252 shares of the company’s stock valued at $4,941,000 after acquiring an additional 75,939 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC increased its stake in Invesco S&P 500 Equal Weight Industrials ETF by 7.2% in the third quarter. Wealthcare Advisory Partners LLC now owns 170,395 shares of the company’s stock valued at $9,559,000 after acquiring an additional 11,394 shares during the last quarter.
Invesco S&P 500 Equal Weight Industrials ETF Trading Down 0.2%
Shares of NYSEARCA:RSPN opened at $61.06 on Tuesday. The stock’s 50-day moving average price is $60.10 and its 200-day moving average price is $59.54. Invesco S&P 500 Equal Weight Industrials ETF has a 12-month low of $51.48 and a 12-month high of $64.16. The stock has a market capitalization of $991.00 million, a P/E 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.
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