Envestnet Asset Management Inc. Raises Position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Envestnet Asset Management Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 11.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 14,211 shares of the company’s stock after purchasing an additional 1,428 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.12% of Invesco S&P 500 Equal Weight Industrials ETF worth $695,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth $7,770,000. Strategic Wealth Partners Ltd. acquired a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth $6,403,000. Farther Finance Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 1st quarter worth $3,207,000. Clear Creek Financial Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 81.6% during the 1st quarter. Clear Creek Financial Management LLC now owns 95,644 shares of the company’s stock worth $4,680,000 after buying an additional 42,975 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at $557,000.

Invesco S&P 500 Equal Weight Industrials ETF Trading Up 0.8%

Shares of NYSEARCA RSPN opened at $54.72 on Tuesday. Invesco S&P 500 Equal Weight Industrials ETF has a 12-month low of $42.28 and a 12-month high of $56.38. The company has a market cap of $665.94 million, a P/E ratio of 22.94 and a beta of 1.10. The stock has a fifty day moving average price of $53.68 and a 200 day moving average price of $51.20.

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.