Wealth Enhancement Advisory Services LLC Purchases 6,938 Shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Wealth Enhancement Advisory Services LLC grew its position in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 5.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 144,354 shares of the company’s stock after buying an additional 6,938 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 1.08% of Invesco S&P 500 Equal Weight Industrials ETF worth $6,887,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of RSPN. Private Advisor Group LLC bought a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter worth $2,305,000. SignalPoint Asset Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth $3,133,000. One Charles Private Wealth Services LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth $299,000. Raymond James & Associates purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter worth about $986,000. Finally, Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD bought a new position in Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter valued at about $9,019,000.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

NYSEARCA RSPN opened at $45.41 on Monday. The company has a market capitalization of $688.42 million, a PE ratio of 22.62 and a beta of 1.24. Invesco S&P 500 Equal Weight Industrials ETF has a 52-week low of $36.04 and a 52-week high of $47.76. The company has a 50-day simple moving average of $46.16 and a 200 day simple moving average of $45.14.

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.