Annex Advisory Services LLC Makes New $33.82 Million Investment in Invesco S&P 500 Equal Weight Industrials ETF $RSPN

Annex Advisory Services LLC bought a new position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 528,466 shares of the company’s stock, valued at approximately $33,819,000.

A number of other hedge funds also recently made changes to their positions in RSPN. IFC & Insurance Marketing Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter valued at approximately $25,000. Allied Private Wealth LLC acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF during the 2nd quarter worth approximately $30,000. Hilton Head Capital Partners LLC bought a new position in Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at approximately $33,000. Advanced Asset Management Advisors Inc bought a new position in Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at approximately $62,000. Finally, CWM LLC boosted its position in Invesco S&P 500 Equal Weight Industrials ETF by 24.2% in the fourth quarter. CWM LLC now owns 3,218 shares of the company’s stock valued at $182,000 after buying an additional 628 shares in the last quarter.

Invesco S&P 500 Equal Weight Industrials ETF Price Performance

Shares of Invesco S&P 500 Equal Weight Industrials ETF stock opened at $64.85 on Wednesday. The company’s 50 day moving average price is $62.98 and its two-hundred day moving average price is $61.42. The firm has a market capitalization of $1.14 billion, a P/E ratio of 22.94 and a beta of 1.00. Invesco S&P 500 Equal Weight Industrials ETF has a fifty-two week low of $53.47 and a fifty-two week high of $65.49.

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.