Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN – Get Free Report) saw unusually-strong trading volume on Thursday. Approximately 349,868 shares were traded during 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 Stock Performance
The stock has a market cap of $727.00 million, a price-to-earnings ratio of 22.94 and a beta of 1.00. The company has a 50-day moving average of $60.10 and a 200-day moving average of $61.29.
Institutional Investors Weigh In On Invesco S&P 500 Equal Weight Industrials ETF
Large investors have recently modified their holdings of the stock. Annex Advisory Services LLC purchased a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the 2nd quarter valued at about $33,819,000. Royal Bank of Canada lifted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 367.2% during the 1st quarter. Royal Bank of Canada now owns 469,946 shares of the company’s stock worth $27,059,000 after acquiring an additional 369,358 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 1st quarter worth about $14,320,000. Bank of America Corp DE lifted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 3.1% during the 1st quarter. Bank of America Corp DE now owns 973,290 shares of the company’s stock worth $56,042,000 after acquiring an additional 29,387 shares during the period. Finally, Diversify Advisory Services LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 202.3% during the 3rd quarter. Diversify Advisory Services LLC now owns 24,431 shares of the company’s stock worth $1,444,000 after acquiring an additional 16,350 shares during the period.
About Invesco S&P 500 Equal Weight Industrials ETF
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.
Featured Articles
- Five stocks we like better than Invesco S&P 500 Equal Weight Industrials ETF
- Bloom Energy Just Reported—Its Biggest Order Is Still Waiting on a Pipeline
- Why Western Digital’s AI Storage Boom Defies the Chip Sell-Off
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
Receive News & Ratings for Invesco S&P 500 Equal Weight Industrials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Industrials ETF and related companies with MarketBeat.com's FREE daily email newsletter.
