Stifel Financial Corp Increases Position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Stifel Financial Corp grew its position in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 5.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 31,212 shares of the company’s stock after acquiring an additional 1,662 shares during the quarter. Stifel Financial Corp’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $1,598,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. US Bancorp DE lifted its stake in Invesco S&P 500 Equal Weight Industrials ETF by 113.6% in the third quarter. US Bancorp DE now owns 566 shares of the company’s stock worth $29,000 after purchasing an additional 301 shares during the last quarter. FMR LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 24.4% in the 3rd quarter. FMR LLC now owns 11,530 shares of the company’s stock valued at $590,000 after acquiring an additional 2,258 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the 2nd quarter valued at about $40,000. NewEdge Advisors LLC grew its position in Invesco S&P 500 Equal Weight Industrials ETF by 5,760.2% during the 2nd quarter. NewEdge Advisors LLC now owns 281,524 shares of the company’s stock worth $12,784,000 after acquiring an additional 276,720 shares during the last quarter. Finally, Rovin Capital UT ADV grew its position in Invesco S&P 500 Equal Weight Industrials ETF by 5.0% during the 3rd quarter. Rovin Capital UT ADV now owns 5,097 shares of the company’s stock worth $259,000 after acquiring an additional 242 shares during the last quarter.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

Shares of RSPN stock opened at $50.94 on Friday. The company has a market capitalization of $772.25 million, a P/E ratio of 22.62 and a beta of 1.24. Invesco S&P 500 Equal Weight Industrials ETF has a fifty-two week low of $41.52 and a fifty-two week high of $55.27. The stock has a 50 day moving average price of $53.03 and a two-hundred day moving average price of $49.51.

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.