Cascade Wealth Advisors Inc bought a new stake in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF – Free Report) in the first quarter, HoldingsChannel.com reports. The fund bought 12,300 shares of the company’s stock, valued at approximately $741,000.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Cetera Advisor Networks LLC acquired a new position in Invesco S&P 500 Equal Weight Financials ETF in the fourth quarter valued at approximately $6,271,000. Joseph P. Lucia & Associates LLC acquired a new position in Invesco S&P 500 Equal Weight Financials ETF in the fourth quarter valued at approximately $4,845,000. Davis Investment Partners LLC boosted its stake in Invesco S&P 500 Equal Weight Financials ETF by 22.4% in the first quarter. Davis Investment Partners LLC now owns 66,019 shares of the company’s stock valued at $4,074,000 after acquiring an additional 12,074 shares during the period. SignalPoint Asset Management LLC acquired a new position in Invesco S&P 500 Equal Weight Financials ETF in the fourth quarter valued at approximately $3,733,000. Finally, Allen Capital Group LLC acquired a new position in Invesco S&P 500 Equal Weight Financials ETF in the fourth quarter valued at approximately $3,429,000.
Invesco S&P 500 Equal Weight Financials ETF Trading Down 0.4 %
Shares of NYSEARCA RSPF opened at $60.97 on Thursday. The stock has a 50 day simple moving average of $61.60 and a 200-day simple moving average of $60.63. The company has a market cap of $261.58 million, a PE ratio of 14.91 and a beta of 0.84. Invesco S&P 500 Equal Weight Financials ETF has a 12-month low of $47.94 and a 12-month high of $64.32.
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.
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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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