Bank of America Corp DE Lowers Position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Bank of America Corp DE decreased its position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 0.6% during the 4th quarter, Holdings Channel reports. The fund owned 839,011 shares of the company’s stock after selling 5,023 shares during the quarter. Bank of America Corp DE owned about 0.06% of Invesco S&P 500 Equal Weight Industrials ETF worth $42,118,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in RSPN. Comprehensive Financial Consultants Institutional Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 10.6% in the fourth quarter. Comprehensive Financial Consultants Institutional Inc. now owns 5,085 shares of the company’s stock valued at $255,000 after acquiring an additional 488 shares in the last quarter. Stratos Wealth Partners LTD. purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter valued at about $314,000. Mariner LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 8.3% in the fourth quarter. Mariner LLC now owns 6,959 shares of the company’s stock valued at $349,000 after acquiring an additional 531 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 331.1% in the third quarter. JPMorgan Chase & Co. now owns 7,855 shares of the company’s stock valued at $402,000 after acquiring an additional 6,033 shares in the last quarter. Finally, Wealthspire Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter valued at about $426,000.

Invesco S&P 500 Equal Weight Industrials ETF Stock Up 0.9%

Shares of NYSEARCA:RSPN opened at $52.49 on Friday. The company has a market cap of $628.83 million, a price-to-earnings ratio of 22.36 and a beta of 1.09. The firm’s 50-day simple moving average is $48.34 and its 200-day simple moving average is $50.81. Invesco S&P 500 Equal Weight Industrials ETF has a fifty-two week low of $42.28 and a fifty-two week 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.