Cwm LLC Invests $36,000 in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Cwm LLC acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 840 shares of the company’s stock, valued at approximately $36,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Meitav Investment House Ltd. bought a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter worth approximately $40,854,000. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD bought a new position in Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter worth $25,462,000. Affinity Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter worth $22,713,000. Davis Investment Partners LLC bought a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at $13,905,000. Finally, Raymond James Financial Services Advisors Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at $11,120,000.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

NYSEARCA:RSPN opened at $47.09 on Friday. The company has a 50-day moving average of $46.38 and a 200-day moving average of $43.29. 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 company has a market capitalization of $713.88 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.