Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RGI) Trading Up 0.8%

Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RGI)’s stock price traded up 0.8% during trading on Monday . The stock traded as high as $189.80 and last traded at $189.57. 31,600 shares changed hands during mid-day trading, an increase of 71% from the average session volume of 18,468 shares. The stock had previously closed at $188.06.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

The firm has a market capitalization of $2.83 billion, a PE ratio of 23.35 and a beta of 1.27. The stock’s fifty day moving average price is $189.57.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Industrials ETF

Several large investors have recently modified their holdings of the stock. Avior Wealth Management LLC lifted its stake in Invesco S&P 500 Equal Weight Industrials ETF by 400.0% during the third quarter. Avior Wealth Management LLC now owns 175 shares of the company’s stock worth $33,000 after purchasing an additional 140 shares during the last quarter. Private Trust Co. NA boosted its holdings in shares of Invesco S&P 500 Equal Weight Industrials ETF by 415.8% in the 3rd quarter. Private Trust Co. NA now owns 7,484 shares of the company’s stock valued at $1,419,000 after buying an additional 6,033 shares during the period. Advisory Alpha LLC grew its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 399.6% during the 3rd quarter. Advisory Alpha LLC now owns 9,268 shares of the company’s stock valued at $1,757,000 after buying an additional 7,413 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in Invesco S&P 500 Equal Weight Industrials ETF by 336.0% during the third quarter. Commonwealth Equity Services LLC now owns 19,680 shares of the company’s stock worth $3,731,000 after acquiring an additional 15,166 shares during the period. Finally, FAS Wealth Partners Inc. lifted its holdings in Invesco S&P 500 Equal Weight Industrials ETF by 897.1% in the third quarter. FAS Wealth Partners Inc. now owns 7,977 shares of the company’s stock worth $1,512,000 after acquiring an additional 7,177 shares during the last quarter.

Invesco S&P 500 Equal Weight Industrials ETF Company Profile

Rydex S&P Equal Weight Industrials ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P Equal Weight Index Industrials (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Industrials Index that consists of the common stocks of industries, such as aerospace and defense, building products, construction and engineering, electrical equipment, conglomerates, machinery, commercial services and supplies, air freight and logistics, airlines, and marine, road and rail transportation infrastructure that comprise the industrials sector of the S&P 500 Index.