7,910 Shares in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) Purchased by McAdam LLC

McAdam LLC bought a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) during the fourth quarter, HoldingsChannel.com reports. The firm bought 7,910 shares of the company’s stock, valued at approximately $341,000.

Several other institutional investors also recently modified their holdings of the stock. Truist Financial Corp acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter valued at approximately $332,000. Capital Investment Advisory Services LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at about $218,000. CWM LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter worth about $36,000. Tradewinds Capital Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter worth about $126,000. Finally, Western Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at approximately $335,000.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

NYSEARCA RSPN opened at $46.30 on Tuesday. Invesco S&P 500 Equal Weight Industrials ETF has a 52 week low of $36.04 and a 52 week high of $47.76. The stock’s 50 day moving average price is $46.23 and its two-hundred day moving average price is $42.90. The stock has a market capitalization of $693.11 million, a price-to-earnings ratio of 23.15 and a beta of 1.25.

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.