Signature Estate & Investment Advisors LLC Has $509,000 Position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Signature Estate & Investment Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 5.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,133 shares of the company’s stock after acquiring an additional 560 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $509,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Meitav Investment House Ltd. lifted its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 4.1% in the 4th quarter. Meitav Investment House Ltd. now owns 895,657 shares of the company’s stock valued at $44,962,000 after purchasing an additional 35,400 shares during the last quarter. LPL Financial LLC raised its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 6.8% during the fourth quarter. LPL Financial LLC now owns 376,864 shares of the company’s stock valued at $18,919,000 after buying an additional 23,968 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 0.6% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 169,717 shares of the company’s stock worth $8,520,000 after buying an additional 1,031 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth about $7,770,000. Finally, TigerOak Management L.L.C. acquired a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter valued at about $6,036,000.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

RSPN opened at $49.93 on Thursday. The firm has a market cap of $659.08 million, a P/E ratio of 24.23 and a beta of 1.15. The business has a 50 day moving average price of $51.02 and a 200 day moving average price of $51.53. Invesco S&P 500 Equal Weight Industrials ETF has a twelve month low of $44.73 and a twelve month high of $55.27.

Invesco S&P 500 Equal Weight Industrials ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be issued a dividend of $0.1112 per share. This is an increase from Invesco S&P 500 Equal Weight Industrials ETF’s previous dividend of $0.11. The ex-dividend date is Monday, March 24th.

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.