Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) Shares Sold by SignalPoint Asset Management LLC

SignalPoint Asset Management LLC reduced its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 3.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 66,484 shares of the company’s stock after selling 2,423 shares during the period. Invesco S&P 500 Equal Weight Industrials ETF makes up approximately 0.8% of SignalPoint Asset Management LLC’s portfolio, making the stock its 25th biggest holding. SignalPoint Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $3,337,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. US Bancorp DE grew its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 113.6% during the 3rd quarter. US Bancorp DE now owns 566 shares of the company’s stock valued at $29,000 after acquiring an additional 301 shares during the period. Benjamin Edwards Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 3rd quarter valued at about $247,000. Rovin Capital UT ADV grew its position in shares of 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 valued at $259,000 after acquiring an additional 242 shares during the period. Cedrus LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 3rd quarter valued at about $333,000. Finally, World Investment Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 41.4% during the 3rd quarter. World Investment Advisors LLC now owns 7,000 shares of the company’s stock valued at $358,000 after acquiring an additional 2,050 shares during the period.

Invesco S&P 500 Equal Weight Industrials ETF Stock Up 0.6 %

NYSEARCA:RSPN opened at $51.56 on Thursday. Invesco S&P 500 Equal Weight Industrials ETF has a 52 week low of $41.52 and a 52 week high of $55.27. The stock has a market capitalization of $781.65 million, a PE ratio of 22.62 and a beta of 1.24. The stock’s 50-day moving average price is $52.58 and its 200-day moving average price is $50.16.

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.