Geneos Wealth Management Inc. Trims Stock Holdings in Invesco S&P 500 Equal Weight Industrials ETF $RSPN

Geneos Wealth Management Inc. lowered its holdings in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 5.6% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,550 shares of the company’s stock after selling 506 shares during the period. Geneos Wealth Management Inc. owned about 0.07% of Invesco S&P 500 Equal Weight Industrials ETF worth $418,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Citadel Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter valued at about $557,000. Stratos Wealth Partners LTD. boosted its holdings in 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 during the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in Invesco S&P 500 Equal Weight Industrials ETF in the first quarter valued at about $434,000. Park Avenue Securities LLC purchased a new position in Invesco S&P 500 Equal Weight Industrials ETF in the first quarter valued at about $347,000. Finally, US Bancorp DE boosted its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 53.5% in the first quarter. US Bancorp DE now owns 1,107 shares of the company’s stock valued at $54,000 after purchasing an additional 386 shares during the last quarter.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

Shares of RSPN opened at $55.94 on Monday. The company has a market capitalization of $692.54 million, a P/E ratio of 22.94 and a beta of 1.10. Invesco S&P 500 Equal Weight Industrials ETF has a one year low of $42.28 and a one year high of $56.83. The stock has a 50-day moving average price of $55.42 and a 200 day moving average price of $51.99.

Invesco S&P 500 Equal Weight Industrials ETF 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.