Wealth Enhancement Advisory Services LLC grew its position in shares of Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF – Free Report) by 4.0% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 93,885 shares of the company’s stock after purchasing an additional 3,570 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 2.26% of Invesco S&P 500 Equal Weight Financials ETF worth $7,287,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight Financials ETF by 13.7% during the first quarter. NewEdge Advisors LLC now owns 135,740 shares of the company’s stock worth $9,845,000 after purchasing an additional 16,387 shares in the last quarter. Royal Bank of Canada lifted its stake in Invesco S&P 500 Equal Weight Financials ETF by 3.2% during the first quarter. Royal Bank of Canada now owns 16,715 shares of the company’s stock worth $1,213,000 after purchasing an additional 515 shares in the last quarter. National Bank of Canada FI lifted its stake in Invesco S&P 500 Equal Weight Financials ETF by 68.7% during the first quarter. National Bank of Canada FI now owns 13,661 shares of the company’s stock worth $992,000 after purchasing an additional 5,563 shares in the last quarter. AlphaCore Capital LLC acquired a new position in Invesco S&P 500 Equal Weight Financials ETF during the first quarter worth $62,000. Finally, Cetera Investment Advisers lifted its stake in Invesco S&P 500 Equal Weight Financials ETF by 1.3% during the first quarter. Cetera Investment Advisers now owns 72,253 shares of the company’s stock worth $5,240,000 after purchasing an additional 928 shares in the last quarter.
Invesco S&P 500 Equal Weight Financials ETF Stock Down 0.3%
NYSEARCA:RSPF opened at $77.58 on Wednesday. The stock has a market capitalization of $325.84 million, a price-to-earnings ratio of 16.51 and a beta of 0.96. Invesco S&P 500 Equal Weight Financials ETF has a 52 week low of $61.66 and a 52 week high of $80.00. The stock’s fifty day moving average is $77.28 and its two-hundred day moving average is $73.78.
About Invesco S&P 500 Equal Weight Financials ETF
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.
Further Reading
- Five stocks we like better than Invesco S&P 500 Equal Weight Financials ETF
- 3 Fintech Stocks With Good 2021 Prospects
- 3 Quantum Computing ETFs to Know—And Why 2 Don’t Hold D-Wave
- 3 Tickers Leading a Meme Stock Revival
- Forget Tariffs, Landstar and West Fraser Can Still Rally
- What is a Microcap Stock? Everything You Need to Know
- Is Super Micro Next in Line for a Big AI Takeover?
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).
Receive News & Ratings for Invesco S&P 500 Equal Weight Financials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Financials ETF and related companies with MarketBeat.com's FREE daily email newsletter.