JPMorgan Chase & Co. Sells 545 Shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

JPMorgan Chase & Co. cut its position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 6.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,310 shares of the company’s stock after selling 545 shares during the period. JPMorgan Chase & Co.’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $367,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Comprehensive Financial Consultants Institutional Inc. increased its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 10.6% during the 4th quarter. Comprehensive Financial Consultants Institutional Inc. now owns 5,085 shares of the company’s stock worth $255,000 after purchasing an additional 488 shares in the last quarter. Stratos Wealth Partners LTD. acquired a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter worth about $314,000. World Investment Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 41.4% during the third quarter. World Investment Advisors LLC now owns 7,000 shares of the company’s stock worth $358,000 after buying an additional 2,050 shares in the last quarter. Wealthspire Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at approximately $426,000. Finally, Geneos Wealth Management Inc. lifted its stake in Invesco S&P 500 Equal Weight Industrials ETF by 8.7% in the 4th quarter. Geneos Wealth Management Inc. now owns 9,056 shares of the company’s stock valued at $455,000 after acquiring an additional 727 shares in the last quarter.

Invesco S&P 500 Equal Weight Industrials ETF Price Performance

Invesco S&P 500 Equal Weight Industrials ETF stock opened at $48.81 on Friday. The firm has a 50-day moving average of $48.22 and a 200-day moving average of $50.88. The company has a market cap of $584.74 million, a price-to-earnings ratio of 22.36 and a beta of 1.09. Invesco S&P 500 Equal Weight Industrials ETF has a one year low of $42.28 and a one year high of $55.27.

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.