Corient Private Wealth LLC Trims Stake in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF)

Corient Private Wealth LLC cut its stake in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) by 17.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,716 shares of the company’s stock after selling 1,412 shares during the quarter. Corient Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight Financials ETF were worth $486,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of RSPF. SeaCrest Wealth Management LLC raised its holdings in Invesco S&P 500 Equal Weight Financials ETF by 2.1% in the 4th quarter. SeaCrest Wealth Management LLC now owns 7,374 shares of the company’s stock worth $534,000 after purchasing an additional 151 shares during the period. Davis Investment Partners LLC lifted its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 0.7% during the 4th quarter. Davis Investment Partners LLC now owns 75,381 shares of the company’s stock valued at $5,321,000 after buying an additional 528 shares in the last quarter. ORG Partners LLC acquired a new stake in Invesco S&P 500 Equal Weight Financials ETF in the 4th quarter valued at $47,000. Yoder Wealth Management Inc. increased its holdings in Invesco S&P 500 Equal Weight Financials ETF by 1.8% in the 4th quarter. Yoder Wealth Management Inc. now owns 40,243 shares of the company’s stock worth $2,912,000 after acquiring an additional 724 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC raised its position in Invesco S&P 500 Equal Weight Financials ETF by 20.3% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 4,749 shares of the company’s stock worth $344,000 after acquiring an additional 802 shares during the period.

Invesco S&P 500 Equal Weight Financials ETF Stock Down 2.0 %

RSPF opened at $71.56 on Friday. The company has a market cap of $304.13 million, a price-to-earnings ratio of 16.27 and a beta of 1.07. The firm’s fifty day simple moving average is $73.95 and its two-hundred day simple moving average is $73.01. Invesco S&P 500 Equal Weight Financials ETF has a 52-week low of $59.36 and a 52-week high of $78.43.

Invesco S&P 500 Equal Weight Financials ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.3347 dividend. This is a boost from Invesco S&P 500 Equal Weight Financials ETF’s previous dividend of $0.28. The ex-dividend date of this dividend was Monday, March 24th.

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.