Burns Matteson Capital Management LLC Invests $340,000 in Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR)

Burns Matteson Capital Management LLC bought a new position in Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 9,666 shares of the company’s stock, valued at approximately $340,000. Burns Matteson Capital Management LLC owned 0.28% of Invesco S&P 500 Equal Weight Real Estate ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RSPR. Geneos Wealth Management Inc. increased its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 23.4% in the fourth quarter. Geneos Wealth Management Inc. now owns 4,081 shares of the company’s stock worth $144,000 after acquiring an additional 775 shares in the last quarter. MML Investors Services LLC boosted its position in Invesco S&P 500 Equal Weight Real Estate ETF by 12.4% during the 3rd quarter. MML Investors Services LLC now owns 7,610 shares of the company’s stock worth $289,000 after purchasing an additional 839 shares during the period. Arkadios Wealth Advisors increased its holdings in Invesco S&P 500 Equal Weight Real Estate ETF by 9.1% in the 4th quarter. Arkadios Wealth Advisors now owns 14,853 shares of the company’s stock valued at $523,000 after purchasing an additional 1,234 shares in the last quarter. Focus Financial Network Inc. purchased a new position in Invesco S&P 500 Equal Weight Real Estate ETF in the third quarter valued at about $210,000. Finally, Private Advisor Group LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 33.3% during the third quarter. Private Advisor Group LLC now owns 27,795 shares of the company’s stock worth $1,056,000 after purchasing an additional 6,945 shares in the last quarter.

Invesco S&P 500 Equal Weight Real Estate ETF Stock Performance

RSPR stock opened at $35.86 on Monday. The firm has a market cap of $125.87 million, a P/E ratio of 32.96 and a beta of 1.00. Invesco S&P 500 Equal Weight Real Estate ETF has a 1 year low of $30.21 and a 1 year high of $38.94. The stock has a 50-day simple moving average of $35.63 and a 200-day simple moving average of $36.50.

Invesco S&P 500 Equal Weight Real Estate ETF Profile

The Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an equal-weighted index of US real estate equities selected from the S&P 500. The index excludes mortgage REITs and real estate management and development firms.