Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) Sees Unusually-High Trading Volume

Shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) saw unusually-strong trading volume on Tuesday . Approximately 168,774 shares changed hands during trading, an increase of 87% from the previous session’s volume of 90,284 shares.The stock last traded at $45.60 and had previously closed at $45.65.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

The business’s 50-day moving average price is $46.03 and its 200-day moving average price is $42.45.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. MTM Investment Management LLC bought a new position in Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter worth $29,000. Financial Gravity Asset Management Inc. purchased a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter worth $33,000. CWM LLC purchased a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter worth $36,000. Register Financial Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the 1st quarter worth $57,000. Finally, Key Financial Inc purchased a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter worth $109,000.

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.