Carmel Capital Management L.L.C. Has $8.42 Million Holdings in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Carmel Capital Management L.L.C. decreased its stake in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 4.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 167,785 shares of the company’s stock after selling 8,000 shares during the quarter. Invesco S&P 500 Equal Weight Industrials ETF accounts for about 3.2% of Carmel Capital Management L.L.C.’s portfolio, making the stock its 14th largest position. Carmel Capital Management L.L.C.’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $8,423,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RSPN. NewEdge Advisors LLC raised its position 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 valued at $12,784,000 after acquiring an additional 276,720 shares during the period. Wealthcare Advisory Partners LLC raised its holdings in 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 purchasing an additional 1,031 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 2.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 138,486 shares of the company’s stock worth $7,092,000 after purchasing an additional 3,895 shares in the last quarter. TKG Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 5.3% in the 3rd quarter. TKG Advisors LLC now owns 77,971 shares of the company’s stock valued at $3,993,000 after buying an additional 3,898 shares during the period. Finally, Private Advisory Group LLC increased its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 2.2% in the 3rd quarter. Private Advisory Group LLC now owns 68,339 shares of the company’s stock valued at $3,500,000 after buying an additional 1,492 shares in the last quarter.

Invesco S&P 500 Equal Weight Industrials ETF Trading Up 0.3 %

NYSEARCA:RSPN opened at $53.23 on Friday. Invesco S&P 500 Equal Weight Industrials ETF has a 1 year low of $42.55 and a 1 year high of $55.27. The stock has a 50-day moving average price of $52.39 and a two-hundred day moving average price of $50.42. The stock has a market cap of $806.97 million, a price-to-earnings ratio of 22.62 and a beta of 1.24.

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.