Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) Shares Sold by Rovin Capital UT ADV

Rovin Capital UT ADV reduced its position in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 9.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,637 shares of the company’s stock after selling 460 shares during the period. Rovin Capital UT ADV’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $231,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in RSPN. NewEdge Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 5,760.2% in the second quarter. NewEdge Advisors LLC now owns 281,524 shares of the company’s stock valued at $12,784,000 after buying an additional 276,720 shares in the last quarter. Financial Services Advisory Inc purchased a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the 3rd quarter worth $894,000. CreativeOne Wealth LLC purchased a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the 3rd quarter worth $561,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 44.0% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 33,080 shares of the company’s stock valued at $1,686,000 after purchasing an additional 10,100 shares in the last quarter. Finally, Cedrus LLC purchased a new position in Invesco S&P 500 Equal Weight Industrials ETF during the third quarter valued at $333,000.

Invesco S&P 500 Equal Weight Industrials ETF Stock Up 1.1 %

RSPN stock opened at $52.12 on Friday. 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 firm has a 50-day simple moving average of $52.54 and a 200-day simple moving average of $50.17. The stock has a market capitalization of $790.14 million, a P/E ratio of 22.62 and a beta of 1.24.

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.