Commonwealth Equity Services LLC Reduces Position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Commonwealth Equity Services LLC decreased its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 13.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 97,586 shares of the company’s stock after selling 14,623 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $4,899,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Raymond James Financial Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter worth $7,770,000. Oppenheimer & Co. Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 1.8% during 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 in the last quarter. Wealthspire Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter worth $426,000. Meitav Investment House Ltd. grew its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 4.1% during 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 in the last quarter. Finally, TKG Advisors LLC grew 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 valued at $4,208,000 after purchasing an additional 1,265 shares during the period.

Invesco S&P 500 Equal Weight Industrials ETF Trading Down 0.4 %

Shares of RSPN opened at $49.25 on Friday. Invesco S&P 500 Equal Weight Industrials ETF has a 12-month low of $44.73 and a 12-month high of $55.27. The firm has a 50-day moving average price of $51.08 and a 200 day moving average price of $51.48. The firm has a market capitalization of $650.10 million, a P/E ratio of 24.23 and a beta of 1.15.

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.