Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) Shares Acquired by Stifel Financial Corp

Stifel Financial Corp boosted its stake in shares of Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) by 6.8% in the third quarter, HoldingsChannel reports. The firm owned 17,354 shares of the company’s stock after purchasing an additional 1,110 shares during the quarter. Stifel Financial Corp’s holdings in Invesco S&P 500 Equal Weight Financials ETF were worth $1,197,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in RSPF. Integrated Wealth Concepts LLC acquired a new position in Invesco S&P 500 Equal Weight Financials ETF during the 3rd quarter valued at about $218,000. Harbour Investments Inc. raised its holdings in shares of 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 valued at $1,191,000 after buying an additional 421 shares during the last quarter. Sandbox Financial Partners LLC boosted its position 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 buying an additional 1,067 shares during the period. Arkansas Financial Group Inc. grew its holdings in Invesco S&P 500 Equal Weight Financials ETF by 3.8% in the 3rd quarter. Arkansas Financial Group Inc. now owns 38,934 shares of the company’s stock worth $2,686,000 after buying an additional 1,427 shares in the last quarter. Finally, Yoder Wealth Management Inc. increased its position in Invesco S&P 500 Equal Weight Financials ETF by 2.1% in the 3rd quarter. Yoder Wealth Management Inc. now owns 39,519 shares of the company’s stock valued at $2,726,000 after acquiring an additional 827 shares during the period.

Invesco S&P 500 Equal Weight Financials ETF Price Performance

Shares of Invesco S&P 500 Equal Weight Financials ETF stock opened at $72.62 on Monday. Invesco S&P 500 Equal Weight Financials ETF has a 1-year low of $57.08 and a 1-year high of $78.43. The business’s fifty day moving average price is $74.14 and its two-hundred day moving average price is $68.37. The company has a market capitalization of $311.54 million, a P/E ratio of 14.91 and a beta of 0.84.

Invesco S&P 500 Equal Weight Financials ETF Company 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.