Raymond James & Associates Makes New Investment in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Raymond James & Associates purchased a new stake in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 22,862 shares of the company’s stock, valued at approximately $986,000.

Other large investors also recently made changes to their positions in the company. Affinity Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter worth about $22,713,000. Davis Investment Partners LLC acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth approximately $13,905,000. Choice Wealth Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth approximately $1,773,000. Walker Asset Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth approximately $1,134,000. Finally, Interchange Capital Partners LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter valued at approximately $617,000.

Invesco S&P 500 Equal Weight Industrials ETF Stock Down 0.1 %

Shares of RSPN stock opened at $45.21 on Monday. Invesco S&P 500 Equal Weight Industrials ETF has a 12 month low of $35.95 and a 12 month high of $47.76. The company’s fifty day simple moving average is $46.07 and its 200-day simple moving average is $42.59. The firm has a market cap of $676.79 million, a PE 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.