Kingsview Wealth Management LLC Has $555,000 Position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Kingsview Wealth Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 2.0% during the 4th quarter, HoldingsChannel reports. The firm owned 11,049 shares of the company’s stock after purchasing an additional 218 shares during the period. Kingsview Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $555,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of RSPN. Rovin Capital UT ADV lifted its stake in Invesco S&P 500 Equal Weight Industrials ETF by 5.0% in the third quarter. Rovin Capital UT ADV now owns 5,097 shares of the company’s stock valued at $259,000 after buying an additional 242 shares in the last quarter. Walker Asset Management LLC increased its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 1.1% during the fourth quarter. Walker Asset Management LLC now owns 24,652 shares of the company’s stock worth $1,238,000 after acquiring an additional 264 shares in the last quarter. US Bancorp DE raised its holdings in shares of 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 acquiring an additional 301 shares during the period. Friedenthal Financial lifted its position in Invesco S&P 500 Equal Weight Industrials ETF by 1.4% in the 3rd quarter. Friedenthal Financial now owns 29,084 shares of the company’s stock valued at $1,489,000 after acquiring an additional 406 shares in the last quarter. Finally, Comprehensive Financial Consultants Institutional Inc. boosted its stake in Invesco S&P 500 Equal Weight Industrials ETF by 10.6% in the 4th quarter. Comprehensive Financial Consultants Institutional Inc. now owns 5,085 shares of the company’s stock worth $255,000 after purchasing an additional 488 shares during the period.

Invesco S&P 500 Equal Weight Industrials ETF Price Performance

RSPN opened at $51.54 on Thursday. The company has a market capitalization of $781.35 million, a price-to-earnings ratio of 22.62 and a beta of 1.24. The business’s 50-day moving average price is $51.83 and its two-hundred day moving average price is $50.99. Invesco S&P 500 Equal Weight Industrials ETF has a 1 year low of $43.69 and a 1 year 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.