HighTower Advisors LLC Has $1.33 Million Holdings in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF)

HighTower Advisors LLC lessened its stake in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) by 1.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,371 shares of the company’s stock after selling 362 shares during the quarter. HighTower Advisors LLC owned about 0.45% of Invesco S&P 500 Equal Weight Financials ETF worth $1,334,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of RSPF. Harbour Investments Inc. raised its stake in Invesco S&P 500 Equal Weight Financials ETF by 2.5% during the third quarter. Harbour Investments Inc. now owns 17,271 shares of the company’s stock worth $1,191,000 after acquiring an additional 421 shares in the last quarter. Sandbox Financial Partners LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 6.0% during the third quarter. Sandbox Financial Partners LLC now owns 18,787 shares of the company’s stock worth $1,296,000 after purchasing an additional 1,067 shares during the last quarter. Arkansas Financial Group Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 3.8% during the third quarter. Arkansas Financial Group Inc. now owns 38,934 shares of the company’s stock worth $2,686,000 after purchasing an additional 1,427 shares during the last quarter. Yoder Wealth Management Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 2.1% during the third quarter. Yoder Wealth Management Inc. now owns 39,519 shares of the company’s stock worth $2,726,000 after purchasing an additional 827 shares during the last quarter. Finally, Private Advisor Group LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 2.9% during the third quarter. Private Advisor Group LLC now owns 40,153 shares of the company’s stock worth $2,770,000 after purchasing an additional 1,132 shares during the last quarter.

Invesco S&P 500 Equal Weight Financials ETF Trading Up 0.0 %

NYSEARCA:RSPF opened at $74.69 on Tuesday. The stock has a market cap of $320.40 million, a P/E ratio of 14.91 and a beta of 0.84. The stock’s 50-day moving average is $73.81 and its 200-day moving average is $67.97. Invesco S&P 500 Equal Weight Financials ETF has a 1-year low of $57.08 and a 1-year high of $78.43.

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.