Traction Financial Partners LLC Lowers Holdings in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Traction Financial Partners LLC lowered its holdings in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 15.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,808 shares of the company’s stock after selling 7,004 shares during the quarter. Invesco S&P 500 Equal Weight Industrials ETF accounts for 1.5% of Traction Financial Partners LLC’s holdings, making the stock its 13th largest holding. Traction Financial Partners LLC’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $1,936,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of RSPN. US Bancorp DE raised its position in Invesco S&P 500 Equal Weight Industrials ETF by 113.6% in the third quarter. US Bancorp DE now owns 566 shares of the company’s stock valued at $29,000 after purchasing an additional 301 shares during the period. International Assets Investment Management LLC purchased a new position in Invesco S&P 500 Equal Weight Industrials ETF during the 2nd quarter valued at about $40,000. Comprehensive Financial Consultants Institutional Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 12.6% in the second quarter. Comprehensive Financial Consultants Institutional Inc. now owns 4,937 shares of the company’s stock valued at $224,000 after purchasing an additional 552 shares in the last quarter. Rovin Capital UT ADV increased its stake in Invesco S&P 500 Equal Weight Industrials ETF by 5.0% during the 3rd quarter. Rovin Capital UT ADV now owns 5,097 shares of the company’s stock worth $259,000 after buying an additional 242 shares during the period. Finally, Kingsview Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the 1st quarter worth approximately $331,000.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight Industrials ETF stock traded down $0.29 during trading hours on Thursday, reaching $54.30. 5,286 shares of the company were exchanged, compared to its average volume of 84,538. The firm has a market cap of $823.19 million, a PE ratio of 22.62 and a beta of 1.24. Invesco S&P 500 Equal Weight Industrials ETF has a 1 year low of $39.36 and a 1 year high of $55.27. The stock’s fifty day moving average is $51.14 and its 200 day moving average is $48.21.

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.