Private Advisor Group LLC reduced its position in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF – Free Report) by 4.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,182 shares of the company’s stock after selling 1,971 shares during the quarter. Private Advisor Group LLC owned 0.89% of Invesco S&P 500 Equal Weight Financials ETF worth $2,763,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Joseph Group Capital Management lifted its holdings in Invesco S&P 500 Equal Weight Financials ETF by 3.4% during the third quarter. Joseph Group Capital Management now owns 106,087 shares of the company’s stock worth $7,319,000 after buying an additional 3,469 shares during the period. Davis Investment Partners LLC raised its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 0.7% in the 4th quarter. Davis Investment Partners LLC now owns 75,381 shares of the company’s stock worth $5,321,000 after acquiring an additional 528 shares in the last quarter. Yoder Wealth Management Inc. boosted its position in Invesco S&P 500 Equal Weight Financials ETF by 1.8% during the fourth quarter. Yoder Wealth Management Inc. now owns 40,243 shares of the company’s stock valued at $2,912,000 after purchasing an additional 724 shares in the last quarter. Sandbox Financial Partners LLC grew its stake in Invesco S&P 500 Equal Weight Financials ETF by 10.8% in the fourth quarter. Sandbox Financial Partners LLC now owns 20,818 shares of the company’s stock valued at $1,507,000 after purchasing an additional 2,031 shares during the last quarter. Finally, Stifel Financial Corp grew its stake in Invesco S&P 500 Equal Weight Financials ETF by 6.8% in the third quarter. Stifel Financial Corp now owns 17,354 shares of the company’s stock valued at $1,197,000 after purchasing an additional 1,110 shares during the last quarter.
Invesco S&P 500 Equal Weight Financials ETF Stock Performance
RSPF stock opened at $74.05 on Tuesday. Invesco S&P 500 Equal Weight Financials ETF has a one year low of $59.36 and a one year high of $78.43. The firm has a market cap of $317.67 million, a price-to-earnings ratio of 14.91 and a beta of 0.84. The firm has a 50-day simple moving average of $73.99 and a two-hundred day simple moving average of $72.07.
Invesco S&P 500 Equal Weight Financials ETF Profile
The Invesco S&P 500 Equal Weight Financials ETF (RSPF) is an exchange-traded fund that is based on the S&P 500 Equal Weighted / Financials index. The fund tracks an equal-weighted index of financial stocks pulled from the S&P 500. RSPF was launched on Nov 1, 2006 and is managed by Invesco.
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