LPL Financial LLC Has $18.90 Million Stake in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

LPL Financial LLC raised its holdings in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 2.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 386,356 shares of the company’s stock after purchasing an additional 9,492 shares during the quarter. LPL Financial LLC owned approximately 3.23% of Invesco S&P 500 Equal Weight Industrials ETF worth $18,904,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of RSPN. North Capital Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the first quarter valued at about $41,000. CoreCap Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 22.5% in the fourth quarter. CoreCap Advisors LLC now owns 1,225 shares of the company’s stock worth $61,000 after acquiring an additional 225 shares during the last quarter. Park Avenue Securities LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the first quarter worth approximately $347,000. Mariner LLC grew its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 8.3% during the fourth quarter. Mariner LLC now owns 6,959 shares of the company’s stock valued at $349,000 after purchasing an additional 531 shares during the last quarter. Finally, Stratos Wealth Partners LTD. increased its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 36.5% in the first quarter. Stratos Wealth Partners LTD. now owns 8,530 shares of the company’s stock valued at $417,000 after purchasing an additional 2,281 shares in the last quarter.

Invesco S&P 500 Equal Weight Industrials ETF Price Performance

RSPN stock opened at $54.93 on Wednesday. The company has a 50 day moving average price of $53.79 and a 200 day moving average price of $51.24. Invesco S&P 500 Equal Weight Industrials ETF has a fifty-two week low of $42.28 and a fifty-two week high of $56.38. The stock has a market capitalization of $668.50 million, a PE ratio of 22.94 and a beta of 1.10.

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.