Affinity Wealth Management LLC Sells 4,316 Shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Affinity Wealth Management LLC lessened its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 0.7% in the fourth quarter, HoldingsChannel reports. The firm owned 622,622 shares of the company’s stock after selling 4,316 shares during the quarter. Invesco S&P 500 Equal Weight Industrials ETF makes up approximately 5.5% of Affinity Wealth Management LLC’s holdings, making the stock its 3rd biggest holding. Affinity Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $31,256,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 8.7% during the 4th quarter. Geneos Wealth Management Inc. now owns 9,056 shares of the company’s stock worth $455,000 after purchasing an additional 727 shares during the period. Walker Asset Management LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 1.1% during the 4th quarter. Walker Asset Management LLC now owns 24,652 shares of the company’s stock worth $1,238,000 after acquiring an additional 264 shares during the period. Wealthcare Advisory Partners LLC boosted its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 0.6% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 169,717 shares of the company’s stock worth $8,520,000 after acquiring an additional 1,031 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 331.1% in the third quarter. JPMorgan Chase & Co. now owns 7,855 shares of the company’s stock valued at $402,000 after purchasing an additional 6,033 shares during the period. Finally, World Investment Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 41.4% during the 3rd quarter. World Investment Advisors LLC now owns 7,000 shares of the company’s stock valued at $358,000 after buying an additional 2,050 shares during the period.

Invesco S&P 500 Equal Weight Industrials ETF Trading Down 0.2 %

Shares of RSPN opened at $53.11 on Friday. The stock’s fifty day simple moving average is $52.38 and its 200 day simple moving average is $50.53. Invesco S&P 500 Equal Weight Industrials ETF has a twelve month low of $42.67 and a twelve month high of $55.27. The firm has a market capitalization of $805.15 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.