Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) Hits New 1-Year High at $49.00

Shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) reached a new 52-week high during trading on Thursday . The stock traded as high as $49.00 and last traded at $48.99, with a volume of 2400 shares traded. The stock had previously closed at $48.58.

Invesco S&P 500 Equal Weight Industrials ETF Price Performance

The firm has a market capitalization of $748.90 million, a PE ratio of 22.62 and a beta of 1.24. The company has a fifty day moving average of $46.82 and a 200-day moving average of $46.39.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. International Assets Investment Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter worth approximately $1,626,000. CWM LLC acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at $36,000. Truist Financial Corp bought a new position in Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter worth $332,000. Great Valley Advisor Group Inc. acquired a new position in Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter worth $576,000. Finally, Wilbanks Smith & Thomas Asset Management LLC bought a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter valued at about $354,000.

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.