SteelPeak Wealth LLC Trims Position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

SteelPeak Wealth LLC trimmed its holdings in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 14.0% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 7,350 shares of the company’s stock after selling 1,200 shares during the period. SteelPeak Wealth LLC’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $376,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in RSPN. International Assets Investment Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the second quarter valued at about $40,000. Comprehensive Financial Consultants Institutional Inc. increased its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 12.6% during the second quarter. Comprehensive Financial Consultants Institutional Inc. now owns 4,937 shares of the company’s stock worth $224,000 after acquiring an additional 552 shares during the period. Kingsview Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the first quarter worth about $331,000. Cedrus LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the third quarter worth about $333,000. Finally, Signature Estate & Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the second quarter worth about $393,000.

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

Shares of Invesco S&P 500 Equal Weight Industrials ETF stock opened at $51.03 on Friday. Invesco S&P 500 Equal Weight Industrials ETF has a 52-week low of $36.51 and a 52-week high of $52.61. The company’s 50-day simple moving average is $50.30 and its 200-day simple moving average is $47.71. The firm has a market cap of $773.61 million, a price-to-earnings ratio of 22.62 and a beta of 1.24.

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.