Meitav Investment House Ltd. Trims Stock Holdings in Invesco S&P 500 Equal Weight Industrials ETF $RSPN

Meitav Investment House Ltd. lowered its position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 3.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 851,431 shares of the company’s stock after selling 33,000 shares during the quarter. Meitav Investment House Ltd. owned approximately 7.00% of Invesco S&P 500 Equal Weight Industrials ETF worth $45,577,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of RSPN. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the second quarter worth approximately $7,054,000. Wealthcare Advisory Partners LLC raised its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 110.3% during the second quarter. Wealthcare Advisory Partners LLC now owns 159,001 shares of the company’s stock worth $8,511,000 after purchasing an additional 83,393 shares during the last quarter. Farther Finance Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the first quarter worth approximately $3,207,000. Clear Creek Financial Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 81.6% during the first quarter. Clear Creek Financial Management LLC now owns 95,644 shares of the company’s stock worth $4,680,000 after purchasing an additional 42,975 shares during the last quarter. Finally, FSA Wealth Partners Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the second quarter worth approximately $1,619,000.

Invesco S&P 500 Equal Weight Industrials ETF Price Performance

Invesco S&P 500 Equal Weight Industrials ETF stock opened at $56.39 on Tuesday. The business has a 50 day simple moving average of $55.64 and a 200-day simple moving average of $52.70. The stock has a market capitalization of $696.42 million, a PE ratio of 22.94 and a beta of 1.10. Invesco S&P 500 Equal Weight Industrials ETF has a 12 month low of $42.28 and a 12 month high of $56.83.

About Invesco S&P 500 Equal Weight Industrials ETF

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.