Affinity Wealth Management LLC Sells 4,316 Shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Affinity Wealth Management LLC cut its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 0.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 622,622 shares of the company’s stock after selling 4,316 shares during the quarter. Invesco S&P 500 Equal Weight Industrials ETF accounts for approximately 5.5% of Affinity Wealth Management LLC’s holdings, making the stock its 3rd biggest position. Affinity Wealth Management LLC owned approximately 4.11% of Invesco S&P 500 Equal Weight Industrials ETF worth $31,256,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Stifel Financial Corp lifted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 5.6% in the 3rd quarter. Stifel Financial Corp now owns 31,212 shares of the company’s stock valued at $1,598,000 after buying an additional 1,662 shares during the period. FMR LLC boosted its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 24.4% during the third quarter. FMR LLC now owns 11,530 shares of the company’s stock worth $590,000 after buying an additional 2,258 shares in the last quarter. US Bancorp DE boosted its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 113.6% during the third quarter. US Bancorp DE now owns 566 shares of the company’s stock worth $29,000 after buying an additional 301 shares in the last quarter. National Bank of Canada FI grew its position in Invesco S&P 500 Equal Weight Industrials ETF by 4.2% during the third quarter. National Bank of Canada FI now owns 20,361 shares of the company’s stock worth $1,043,000 after buying an additional 829 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 5,760.2% in the 2nd quarter. NewEdge Advisors LLC now owns 281,524 shares of the company’s stock worth $12,784,000 after acquiring an additional 276,720 shares during the period.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

RSPN opened at $53.11 on Friday. Invesco S&P 500 Equal Weight Industrials ETF has a one year low of $42.67 and a one year high of $55.27. The company has a market cap of $805.15 million, a price-to-earnings ratio of 22.62 and a beta of 1.24. The business’s fifty day moving average is $52.38 and its two-hundred day moving average is $50.53.

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.