Strategic Financial Concepts LLC Makes New $580,000 Investment in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Strategic Financial Concepts LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 11,546 shares of the company’s stock, valued at approximately $580,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 44.0% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 33,080 shares of the company’s stock worth $1,686,000 after buying an additional 10,100 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 2.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 138,486 shares of the company’s stock worth $7,092,000 after acquiring an additional 3,895 shares in the last quarter. US Bancorp DE lifted its stake 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 purchasing an additional 301 shares during the last quarter. TKG Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 5.3% in the third quarter. TKG Advisors LLC now owns 77,971 shares of the company’s stock valued at $3,993,000 after purchasing an additional 3,898 shares in the last quarter. Finally, Financial Services Advisory Inc purchased a new position in Invesco S&P 500 Equal Weight Industrials ETF in the third quarter valued at approximately $894,000.

Invesco S&P 500 Equal Weight Industrials ETF Trading Up 0.1 %

RSPN stock opened at $51.94 on Thursday. The stock has a market cap of $787.41 million, a P/E ratio of 22.62 and a beta of 1.24. Invesco S&P 500 Equal Weight Industrials ETF has a twelve month low of $44.34 and a twelve month high of $55.27. The company’s 50 day moving average is $51.56 and its two-hundred day moving average is $51.14.

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.