Royal Bank of Canada raised its position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN – Free Report) by 367.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 469,946 shares of the company’s stock after purchasing an additional 369,358 shares during the quarter. Royal Bank of Canada owned 2.90% of Invesco S&P 500 Equal Weight Industrials ETF worth $27,059,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. IFC & Insurance Marketing Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter worth approximately $33,000. Advanced Asset Management Advisors Inc bought a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth approximately $62,000. Sound Income Strategies LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth approximately $103,000. Finally, CWM LLC boosted its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 24.2% during the 4th quarter. CWM LLC now owns 3,218 shares of the company’s stock valued at $182,000 after acquiring an additional 628 shares during the period.
Invesco S&P 500 Equal Weight Industrials ETF Stock Up 2.0%
Shares of Invesco S&P 500 Equal Weight Industrials ETF stock opened at $65.10 on Wednesday. The stock’s fifty day moving average is $62.59 and its two-hundred day moving average is $61.27. Invesco S&P 500 Equal Weight Industrials ETF has a 52 week low of $53.47 and a 52 week high of $65.15. The company has a market capitalization of $1.15 billion, a PE ratio of 22.94 and a beta of 1.00.
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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