Creative Planning Reduces Holdings in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF)

Creative Planning lessened its position in shares of Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) by 1.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,583 shares of the company’s stock after selling 178 shares during the quarter. Creative Planning owned about 0.22% of Invesco S&P 500 Equal Weight Financials ETF worth $587,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Mather Group LLC. purchased a new stake in Invesco S&P 500 Equal Weight Financials ETF in the second quarter valued at $32,000. Scarborough Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight Financials ETF during the fourth quarter worth about $86,000. Commonwealth Equity Services LLC increased its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 8.7% during the first quarter. Commonwealth Equity Services LLC now owns 10,149 shares of the company’s stock valued at $652,000 after acquiring an additional 808 shares during the last quarter. Cascade Wealth Advisors Inc purchased a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF in the 1st quarter valued at approximately $741,000. Finally, Sunbelt Securities Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 7.6% in the 1st quarter. Sunbelt Securities Inc. now owns 14,034 shares of the company’s stock worth $902,000 after acquiring an additional 991 shares during the last quarter.

Invesco S&P 500 Equal Weight Financials ETF Stock Performance

Invesco S&P 500 Equal Weight Financials ETF stock opened at $70.63 on Monday. The firm has a 50 day moving average price of $67.34 and a 200 day moving average price of $64.06. Invesco S&P 500 Equal Weight Financials ETF has a fifty-two week low of $47.94 and a fifty-two week high of $70.86. The company has a market capitalization of $303.00 million, a PE ratio of 14.91 and a beta of 0.84.

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.