TKG Advisors LLC Purchases 1,265 Shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

TKG Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 1.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 79,236 shares of the company’s stock after purchasing an additional 1,265 shares during the quarter. Invesco S&P 500 Equal Weight Industrials ETF makes up approximately 2.0% of TKG Advisors LLC’s holdings, making the stock its 20th biggest position. TKG Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $4,208,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in RSPN. US Bancorp DE raised its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 113.6% during the 3rd 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. Benjamin Edwards Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the third quarter valued at about $247,000. Comprehensive Financial Consultants Institutional Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 10.6% in the fourth quarter. Comprehensive Financial Consultants Institutional Inc. now owns 5,085 shares of the company’s stock worth $255,000 after acquiring an additional 488 shares during the period. Rovin Capital UT ADV grew its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 5.0% during the third quarter. Rovin Capital UT ADV now owns 5,097 shares of the company’s stock worth $259,000 after purchasing an additional 242 shares in the last quarter. Finally, Stratos Wealth Partners LTD. bought a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the 4th quarter valued at approximately $314,000.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

RSPN opened at $51.89 on Wednesday. The stock has a market capitalization of $786.65 million, a price-to-earnings ratio of 22.62 and a beta of 1.24. The company has a fifty day moving average of $51.62 and a 200 day moving average of $51.10. Invesco S&P 500 Equal Weight Industrials ETF has a fifty-two week low of $44.34 and a fifty-two week 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.