RFP Financial Group LLC Cuts Stock Position in Invesco S&P 500 Equal Weight Industrials ETF $RSPN

RFP Financial Group LLC lessened its holdings in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 90.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,352 shares of the company’s stock after selling 137,168 shares during the period. RFP Financial Group LLC owned about 0.09% of Invesco S&P 500 Equal Weight Industrials ETF worth $813,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Signature Estate & Investment Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 1.3% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 12,532 shares of the company’s stock valued at $710,000 after acquiring an additional 163 shares during the period. National Bank of Canada FI raised its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 1.2% in the 3rd quarter. National Bank of Canada FI now owns 34,794 shares of the company’s stock valued at $1,952,000 after acquiring an additional 416 shares during the period. IFC & Insurance Marketing Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at $25,000. Farther Finance Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF by 0.7% in the 4th quarter. Farther Finance Advisors LLC now owns 63,102 shares of the company’s stock valued at $3,573,000 after acquiring an additional 463 shares during the period. Finally, Hilton Head Capital Partners LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 4th quarter valued at $33,000.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

Shares of RSPN stock opened at $62.01 on Monday. The company’s fifty day simple moving average is $60.45 and its 200-day simple moving average is $59.74. Invesco S&P 500 Equal Weight Industrials ETF has a 52 week low of $51.48 and a 52 week high of $64.16. The company has a market cap of $1.01 billion, a PE ratio of 22.94 and a beta of 1.01.

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.