Meitav Investment House Ltd. Decreases Stake in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Meitav Investment House Ltd. lessened its position in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 8.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 860,257 shares of the company’s stock after selling 78,000 shares during the quarter. Meitav Investment House Ltd. owned approximately 5.67% of Invesco S&P 500 Equal Weight Industrials ETF worth $44,054,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 2nd quarter worth $40,000. Comprehensive Financial Consultants Institutional Inc. raised its stake in Invesco S&P 500 Equal Weight Industrials ETF by 12.6% in the 2nd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 4,937 shares of the company’s stock valued at $224,000 after purchasing an additional 552 shares during the last quarter. Cedrus LLC acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF in the 3rd quarter valued at about $333,000. Kingsview Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF in the 1st quarter valued at about $331,000. Finally, SteelPeak Wealth LLC acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF in the 2nd quarter valued at about $388,000.

Invesco S&P 500 Equal Weight Industrials ETF Trading Up 0.1 %

Shares of RSPN stock opened at $51.48 on Thursday. The firm has a 50-day moving average price of $50.24 and a 200 day moving average price of $47.69. Invesco S&P 500 Equal Weight Industrials ETF has a twelve month low of $36.51 and a twelve month high of $52.61. The company has a market capitalization of $780.44 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.