Focus Financial Network Inc. Reduces Stock Holdings in Invesco S&P 500 Equal Weight Materials ETF $RSPM

Focus Financial Network Inc. decreased its stake in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM) by 20.5% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,244 shares of the company’s stock after selling 1,611 shares during the quarter. Focus Financial Network Inc. owned about 0.12% of Invesco S&P 500 Equal Weight Materials ETF worth $202,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Cambridge Investment Research Advisors Inc. grew its position in Invesco S&P 500 Equal Weight Materials ETF by 10.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 16,943 shares of the company’s stock valued at $538,000 after acquiring an additional 1,651 shares during the last quarter. Citadel Advisors LLC bought a new position in Invesco S&P 500 Equal Weight Materials ETF in the 4th quarter valued at $680,000. North Capital Inc. bought a new position in Invesco S&P 500 Equal Weight Materials ETF in the 1st quarter valued at $35,000. CX Institutional bought a new position in Invesco S&P 500 Equal Weight Materials ETF in the 1st quarter valued at $295,000. Finally, Friedenthal Financial grew its position in Invesco S&P 500 Equal Weight Materials ETF by 5.5% in the 1st quarter. Friedenthal Financial now owns 110,854 shares of the company’s stock valued at $3,518,000 after acquiring an additional 5,775 shares during the last quarter.

Invesco S&P 500 Equal Weight Materials ETF Stock Down 0.2%

Shares of Invesco S&P 500 Equal Weight Materials ETF stock opened at $33.19 on Monday. The stock’s fifty day moving average is $33.27 and its two-hundred day moving average is $32.17. The company has a market capitalization of $166.95 million, a PE ratio of 21.25 and a beta of 1.05. Invesco S&P 500 Equal Weight Materials ETF has a 52 week low of $26.63 and a 52 week high of $37.85.

Invesco S&P 500 Equal Weight Materials ETF Company Profile

The Invesco S&P 500 Equal Weight Materials ETF (RSPM) is an exchange-traded fund that is based on the S&P 500 Equal Weighted / Materials index. The fund tracks an equal-weighted index of US materials companies in the S&P 500. RSPM was launched on Nov 1, 2006 and is managed by Invesco.