Evernest Financial Advisors LLC Acquires 2,238 Shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN)

Evernest Financial Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) by 4.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 54,422 shares of the company’s stock after acquiring an additional 2,238 shares during the period. Invesco S&P 500 Equal Weight Industrials ETF accounts for approximately 0.7% of Evernest Financial Advisors LLC’s holdings, making the stock its 26th biggest holding. Evernest Financial Advisors LLC owned 0.36% of Invesco S&P 500 Equal Weight Industrials ETF worth $2,732,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. US Bancorp DE boosted its stake 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 in the last quarter. Benjamin Edwards Inc. bought a new stake in Invesco S&P 500 Equal Weight Industrials ETF during the 3rd quarter valued at approximately $247,000. Rovin Capital UT ADV grew its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 5.0% during the 3rd quarter. Rovin Capital UT ADV now owns 5,097 shares of the company’s stock worth $259,000 after acquiring an additional 242 shares during the period. Cedrus LLC bought a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF in the 3rd quarter worth approximately $333,000. Finally, World Investment Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 41.4% in the 3rd quarter. World Investment Advisors LLC now owns 7,000 shares of the company’s stock worth $358,000 after acquiring an additional 2,050 shares in the last quarter.

Invesco S&P 500 Equal Weight Industrials ETF Stock Up 1.1 %

NYSEARCA RSPN opened at $52.70 on Friday. The firm has a market capitalization of $798.93 million, a PE ratio of 22.62 and a beta of 1.24. The stock’s 50 day moving average is $52.34 and its 200 day moving average is $50.67. Invesco S&P 500 Equal Weight Industrials ETF has a twelve month low of $42.67 and a twelve month high of $55.27.

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.