Comprehensive Wealth Management LLC Boosts Stake in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Comprehensive Wealth Management LLC grew its stake in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 2.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,914 shares of the company’s stock after buying an additional 639 shares during the period. Invesco S&P 500 Equal Weight Industrials ETF accounts for 1.0% of Comprehensive Wealth Management LLC’s holdings, making the stock its 11th biggest position. Comprehensive Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $1,351,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Raymond James Financial Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter worth $7,770,000. Oppenheimer & Co. Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 1.8% in the fourth quarter. Oppenheimer & Co. Inc. now owns 46,863 shares of the company’s stock worth $2,353,000 after buying an additional 842 shares during the last quarter. Wealthspire Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter worth $426,000. Meitav Investment House Ltd. raised its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 4.1% in the fourth quarter. Meitav Investment House Ltd. now owns 895,657 shares of the company’s stock worth $44,962,000 after buying an additional 35,400 shares during the last quarter. Finally, TKG Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 1.6% in the fourth quarter. TKG Advisors LLC now owns 79,236 shares of the company’s stock worth $4,208,000 after buying an additional 1,265 shares during the last quarter.

Invesco S&P 500 Equal Weight Industrials ETF Trading Down 0.7 %

NYSEARCA RSPN opened at $49.46 on Friday. The company has a fifty day simple moving average of $51.09 and a two-hundred day simple moving average of $51.46. The stock has a market cap of $652.87 million, a P/E ratio of 24.23 and a beta of 1.15. Invesco S&P 500 Equal Weight Industrials ETF has a 12-month low of $44.73 and a 12-month high of $55.27.

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.