Sunbelt Securities Inc. Has $1.25 Million Stock Position in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF)

Sunbelt Securities Inc. raised its stake in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) by 23.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,324 shares of the company’s stock after acquiring an additional 3,287 shares during the quarter. Sunbelt Securities Inc. owned about 0.40% of Invesco S&P 500 Equal Weight Financials ETF worth $1,254,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of RSPF. Jones Financial Companies Lllp boosted its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 221.9% in the fourth quarter. Jones Financial Companies Lllp now owns 6,849 shares of the company’s stock valued at $496,000 after acquiring an additional 4,721 shares during the period. Truist Financial Corp bought a new position in Invesco S&P 500 Equal Weight Financials ETF during the fourth quarter worth about $591,000. Bank of Montreal Can raised its stake in Invesco S&P 500 Equal Weight Financials ETF by 89.2% in the 4th quarter. Bank of Montreal Can now owns 1,050 shares of the company’s stock worth $76,000 after purchasing an additional 495 shares in the last quarter. LPL Financial LLC boosted its holdings in Invesco S&P 500 Equal Weight Financials ETF by 12.8% in the 4th 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 period. Finally, Wells Fargo & Company MN boosted its holdings in Invesco S&P 500 Equal Weight Financials ETF by 1.9% in the 4th quarter. Wells Fargo & Company MN now owns 36,375 shares of the company’s stock valued at $2,632,000 after purchasing an additional 693 shares during the period.

Invesco S&P 500 Equal Weight Financials ETF Stock Down 0.3%

Shares of NYSEARCA:RSPF opened at $72.03 on Friday. Invesco S&P 500 Equal Weight Financials ETF has a 12-month low of $59.79 and a 12-month high of $78.43. The company’s 50 day moving average price is $70.20 and its two-hundred day moving average price is $72.90. The firm has a market cap of $305.41 million, a PE ratio of 16.35 and a beta of 0.97.

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.