Commonwealth Equity Services LLC Boosts Stock Position in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF)

Commonwealth Equity Services LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) by 20.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,392 shares of the company’s stock after purchasing an additional 2,116 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco S&P 500 Equal Weight Financials ETF were worth $897,000 at the end of the most recent reporting period.

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

Invesco S&P 500 Equal Weight Financials ETF Trading Down 0.1 %

NYSEARCA:RSPF opened at $72.49 on Wednesday. Invesco S&P 500 Equal Weight Financials ETF has a 12 month low of $59.36 and a 12 month high of $78.43. The company has a 50-day moving average price of $73.86 and a 200-day moving average price of $73.12. The stock has a market cap of $308.08 million, a price-to-earnings ratio of 16.27 and a beta of 1.07.

Invesco S&P 500 Equal Weight Financials ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a dividend of $0.3347 per share. 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.