Park Avenue Securities LLC Purchases 1,283 Shares of Invesco S&P 500 Equal Weight Industrials ETF $RSPN

Park Avenue Securities LLC grew its position in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 18.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,372 shares of the company’s stock after acquiring an additional 1,283 shares during the quarter. Park Avenue Securities LLC owned about 0.07% of Invesco S&P 500 Equal Weight Industrials ETF worth $448,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of RSPN. North Capital Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the first quarter valued at approximately $41,000. PNC Financial Services Group Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the first quarter valued at approximately $47,000. US Bancorp DE grew its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 53.5% during the first quarter. US Bancorp DE now owns 1,107 shares of the company’s stock worth $54,000 after buying an additional 386 shares in the last quarter. Salem Investment Counselors Inc. bought a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the second quarter worth $80,000. Finally, Silver Oak Securities Incorporated bought a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the second quarter worth $201,000.

Invesco S&P 500 Equal Weight Industrials ETF Trading Up 0.4%

Shares of Invesco S&P 500 Equal Weight Industrials ETF stock opened at $55.78 on Tuesday. The stock has a fifty day simple moving average of $55.61 and a 200 day simple moving average of $52.46. Invesco S&P 500 Equal Weight Industrials ETF has a 12-month low of $42.28 and a 12-month high of $56.83. The company has a market capitalization of $690.56 million, a P/E 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.