Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) Sees Large Volume Increase

Shares of Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) saw strong trading volume on Thursday . 278,278 shares were traded during trading, an increase of 183% from the previous session’s volume of 98,214 shares.The stock last traded at $45.75 and had previously closed at $45.84.

Invesco S&P 500 Equal Weight Industrials ETF Stock Up 0.1 %

The company has a 50 day simple moving average of $46.20 and a two-hundred day simple moving average of $42.80. The company has a market capitalization of $688.32 million, a P/E ratio of 23.15 and a beta of 1.25.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. SignalPoint Asset Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Industrials ETF during the fourth quarter valued at approximately $3,133,000. Raymond James & Associates purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter valued at approximately $986,000. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter valued at approximately $9,019,000. Geneos Wealth Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter valued at approximately $187,000. Finally, Private Trust Co. NA purchased a new stake in shares of Invesco S&P 500 Equal Weight Industrials ETF in the fourth quarter valued at approximately $323,000.

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.