Kestra Advisory Services LLC reduced its position in shares of Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF – Free Report) by 46.6% in the 1st quarter, Holdings Channel reports. The institutional investor owned 7,916 shares of the company’s stock after selling 6,901 shares during the quarter. Kestra Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight Financials ETF were worth $565,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of the company. Hills Bank & Trust Co acquired a new stake in Invesco S&P 500 Equal Weight Financials ETF in the 4th quarter valued at approximately $685,000. Perryman Financial Advisory Inc. AD acquired a new position in Invesco S&P 500 Equal Weight Financials ETF during the 4th quarter worth approximately $806,000. Northwestern Mutual Wealth Management Co. boosted its position in Invesco S&P 500 Equal Weight Financials ETF by 32,235.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 78,575 shares of the company’s stock worth $6,167,000 after acquiring an additional 78,332 shares during the last quarter. Evoke Wealth LLC bought a new position in shares of Invesco S&P 500 Equal Weight Financials ETF during the 4th quarter worth approximately $787,000. Finally, Steward Partners Investment Advisory LLC bought a new position in shares of Invesco S&P 500 Equal Weight Financials ETF during the 4th quarter worth approximately $91,000.
Invesco S&P 500 Equal Weight Financials ETF Price Performance
NYSEARCA RSPF opened at $82.28 on Monday. The firm’s 50 day moving average is $78.29 and its 200-day moving average is $76.30. The company has a market capitalization of $302.79 million, a PE ratio of 16.51 and a beta of 0.85. Invesco S&P 500 Equal Weight Financials ETF has a 12-month low of $69.04 and a 12-month high of $83.19.
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.
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Want to see what other hedge funds are holding RSPF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF – Free Report).
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