Choice Wealth Advisors LLC Has $2.11 Million Stock Holdings in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Choice Wealth Advisors LLC reduced its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 4.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 42,037 shares of the company’s stock after selling 1,844 shares during the period. Invesco S&P 500 Equal Weight Industrials ETF accounts for about 1.1% of Choice Wealth Advisors LLC’s portfolio, making the stock its 16th largest position. Choice Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $2,110,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. US Bancorp DE lifted its stake in Invesco S&P 500 Equal Weight Industrials ETF by 113.6% during the third quarter. US Bancorp DE now owns 566 shares of the company’s stock worth $29,000 after purchasing an additional 301 shares during the period. Benjamin Edwards Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the 3rd quarter worth approximately $247,000. Rovin Capital UT ADV boosted its stake in Invesco S&P 500 Equal Weight Industrials ETF by 5.0% in the 3rd quarter. Rovin Capital UT ADV now owns 5,097 shares of the company’s stock valued at $259,000 after buying an additional 242 shares in the last quarter. Cedrus LLC bought a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the third quarter valued at $333,000. Finally, World Investment Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 41.4% during the third quarter. World Investment Advisors LLC now owns 7,000 shares of the company’s stock valued at $358,000 after acquiring an additional 2,050 shares during the period.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

RSPN opened at $52.29 on Friday. The firm has a market cap of $792.72 million, a price-to-earnings ratio of 22.62 and a beta of 1.24. The firm’s 50-day simple moving average is $52.50 and its 200-day simple moving average is $50.26. Invesco S&P 500 Equal Weight Industrials ETF has a twelve month low of $41.79 and a twelve month high of $55.27.

Invesco S&P 500 Equal Weight Industrials ETF Company 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.