World Investment Advisors LLC Raises Stake in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

World Investment Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 41.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,000 shares of the company’s stock after acquiring an additional 2,050 shares during the period. World Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $358,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in RSPN. NewEdge Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 5,760.2% during the 2nd quarter. NewEdge Advisors LLC now owns 281,524 shares of the company’s stock valued at $12,784,000 after purchasing an additional 276,720 shares during the last quarter. Financial Services Advisory Inc bought a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the third quarter valued at about $894,000. CreativeOne Wealth LLC bought a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the third quarter valued at about $561,000. Oppenheimer & Co. Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 30.9% in the second quarter. Oppenheimer & Co. Inc. now owns 46,306 shares of the company’s stock worth $2,103,000 after buying an additional 10,936 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 44.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 33,080 shares of the company’s stock valued at $1,686,000 after acquiring an additional 10,100 shares during the last quarter.

Invesco S&P 500 Equal Weight Industrials ETF Price Performance

RSPN opened at $50.50 on Thursday. The stock’s 50 day simple moving average is $53.06 and its 200 day simple moving average is $49.47. The firm has a market cap of $765.58 million, a price-to-earnings ratio of 22.62 and a beta of 1.24. Invesco S&P 500 Equal Weight Industrials ETF has a 1 year low of $41.52 and a 1 year high of $55.27.

Invesco S&P 500 Equal Weight Industrials ETF Company 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.