Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) Shares Sold by Berger Financial Group Inc

Berger Financial Group Inc cut its holdings in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) by 7.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 7,106 shares of the company’s stock after selling 564 shares during the period. Berger Financial Group Inc’s holdings in Invesco S&P 500 Equal Weight Financials ETF were worth $514,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new position in Invesco S&P 500 Equal Weight Financials ETF in the 4th quarter worth about $1,362,000. Ausdal Financial Partners Inc. acquired a new stake in Invesco S&P 500 Equal Weight Financials ETF during the fourth quarter valued at approximately $1,145,000. LPL Financial LLC lifted its stake in Invesco S&P 500 Equal Weight Financials ETF by 12.8% during the fourth quarter. LPL Financial LLC now owns 128,258 shares of the company’s stock valued at $9,282,000 after purchasing an additional 14,602 shares during the last quarter. Truist Financial Corp purchased a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF in the 4th quarter valued at approximately $591,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF in the 4th quarter valued at approximately $368,000.

Invesco S&P 500 Equal Weight Financials ETF Stock Performance

Shares of NYSEARCA:RSPF opened at $69.07 on Tuesday. The firm has a 50 day simple moving average of $70.42 and a 200 day simple moving average of $72.83. The company has a market cap of $294.24 million, a PE ratio of 15.58 and a beta of 0.96. Invesco S&P 500 Equal Weight Financials ETF has a 52 week low of $59.79 and a 52 week high of $78.43.

Invesco S&P 500 Equal Weight Financials ETF Company 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.