Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) Sees Strong Trading Volume – Here’s What Happened

by · The Markets Daily

Shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN – Get Free Report) saw strong trading volume on Thursday. 349,868 shares traded hands during mid-day trading, an increase of 76% from the previous session’s volume of 198,571 shares. The stock last traded at $59.39 and had previously closed at $59.58.

Invesco S&P 500 Equal Weight Industrials ETF Price Performance

The firm has a market capitalization of $716.88 million, a PE ratio of 22.94 and a beta of 1.00. The business’s 50 day moving average is $60.32 and its two-hundred day moving average is $61.29.

Institutional Trading of Invesco S&P 500 Equal Weight Industrials ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Allied Private Wealth LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 2nd quarter valued at $30,000. Integrated Wealth Concepts LLC bought a new position in Invesco S&P 500 Equal Weight Industrials ETF in the second quarter valued at $75,000. Firestone Capital Management bought a new position in Invesco S&P 500 Equal Weight Industrials ETF in the second quarter valued at $204,000. MRA Advisory Group purchased a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the second quarter valued at about $207,000. Finally, Williams & Novak LLC purchased a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the second quarter valued at about $208,000.

Invesco S&P 500 Equal Weight Industrials ETF Company Profile

(Get Free Report)

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.

See Also