Rovin Capital UT ADV Boosts Stake in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Rovin Capital UT ADV grew its stake in shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 5.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,097 shares of the company’s stock after acquiring an additional 242 shares during the period. Rovin Capital UT ADV’s holdings in Invesco S&P 500 Equal Weight Industrials ETF were worth $259,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. NewEdge Advisors LLC raised its stake in Invesco S&P 500 Equal Weight Industrials ETF by 5,760.2% during the second quarter. NewEdge Advisors LLC now owns 281,524 shares of the company’s stock worth $12,784,000 after acquiring an additional 276,720 shares during the period. Osaic Holdings Inc. raised its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 6.8% during the 1st quarter. Osaic Holdings Inc. now owns 168,988 shares of the company’s stock worth $8,062,000 after purchasing an additional 10,819 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 2.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 138,486 shares of the company’s stock worth $7,092,000 after purchasing an additional 3,895 shares during the period. TKG Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 5.3% in the 3rd quarter. TKG Advisors LLC now owns 77,971 shares of the company’s stock worth $3,993,000 after purchasing an additional 3,898 shares during the last quarter. Finally, Private Advisory Group LLC boosted its position in Invesco S&P 500 Equal Weight Industrials ETF by 2.2% during the 3rd quarter. Private Advisory Group LLC now owns 68,339 shares of the company’s stock valued at $3,500,000 after purchasing an additional 1,492 shares during the period.

Invesco S&P 500 Equal Weight Industrials ETF Price Performance

Shares of NYSEARCA RSPN opened at $54.55 on Friday. Invesco S&P 500 Equal Weight Industrials ETF has a 1-year low of $37.90 and a 1-year high of $54.69. The firm has a market capitalization of $826.98 million, a PE ratio of 22.62 and a beta of 1.24. The business’s fifty day moving average price is $50.78 and its two-hundred day moving average price is $48.03.

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.