US Bancorp DE Has $54,000 Holdings in Invesco S&P 500 Equal Weight Industrials ETF $RSPN

US Bancorp DE increased its holdings in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 53.5% during the first quarter, HoldingsChannel reports. The fund owned 1,107 shares of the company’s stock after acquiring an additional 386 shares during the quarter. US Bancorp DE’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $54,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth approximately $7,770,000. Strategic Wealth Partners Ltd. purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth approximately $6,403,000. Farther Finance Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 1st quarter worth approximately $3,207,000. Clear Creek Financial Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 81.6% during the 1st quarter. Clear Creek Financial Management LLC now owns 95,644 shares of the company’s stock worth $4,680,000 after purchasing an additional 42,975 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 40.0% during the 1st quarter. Cetera Investment Advisers now owns 41,175 shares of the company’s stock worth $2,015,000 after purchasing an additional 11,772 shares during the last quarter.

Invesco S&P 500 Equal Weight Industrials ETF Stock Up 0.6%

Shares of RSPN stock opened at $55.93 on Wednesday. The company has a 50 day moving average of $54.35 and a 200-day moving average of $51.43. Invesco S&P 500 Equal Weight Industrials ETF has a 12-month low of $42.28 and a 12-month high of $56.38. The firm has a market cap of $692.41 million, a P/E ratio of 22.94 and a beta of 1.10.

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.