Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) Sees Unusually-High Trading Volume

Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) saw strong trading volume on Tuesday . 168,774 shares changed hands during mid-day trading, an increase of 87% from the previous session’s volume of 90,284 shares.The stock last traded at $45.60 and had previously closed at $45.65.

Invesco S&P 500 Equal Weight Industrials ETF Stock Down 0.3 %

The firm’s 50 day moving average price is $46.03 and its two-hundred day moving average price is $42.45.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. MTM Investment Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter valued at $29,000. Financial Gravity Asset Management Inc. acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter valued at $33,000. CWM LLC acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter valued at $36,000. Register Financial Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the first quarter valued at $57,000. Finally, Key Financial Inc acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter valued at $109,000.

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.