Gerber Kawasaki Wealth & Investment Management Has $1.94 Million Stock Holdings in Invesco S&P 500 Equal Weight Real Estate ETF $RSPR

Gerber Kawasaki Wealth & Investment Management trimmed its stake in Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) by 5.4% in the first quarter, Holdings Channel reports. The firm owned 54,397 shares of the company’s stock after selling 3,088 shares during the quarter. Gerber Kawasaki Wealth & Investment Management’s holdings in Invesco S&P 500 Equal Weight Real Estate ETF were worth $1,943,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of RSPR. NorthRock Partners LLC bought a new position in Invesco S&P 500 Equal Weight Real Estate ETF in the first quarter valued at approximately $121,000. Aptus Capital Advisors LLC bought a new position in Invesco S&P 500 Equal Weight Real Estate ETF in the fourth quarter valued at approximately $200,000. Quantinno Capital Management LP bought a new position in Invesco S&P 500 Equal Weight Real Estate ETF in the fourth quarter valued at approximately $211,000. Seek First Inc. bought a new position in Invesco S&P 500 Equal Weight Real Estate ETF in the first quarter valued at approximately $217,000. Finally, Kickstand Ventures LLC. grew its stake in Invesco S&P 500 Equal Weight Real Estate ETF by 4.4% in the first quarter. Kickstand Ventures LLC. now owns 7,327 shares of the company’s stock valued at $262,000 after purchasing an additional 307 shares in the last quarter.

Invesco S&P 500 Equal Weight Real Estate ETF Stock Up 0.6%

RSPR stock opened at $35.57 on Thursday. The business has a 50 day moving average price of $35.17 and a two-hundred day moving average price of $35.06. The company has a market cap of $107.78 million, a price-to-earnings ratio of 37.16 and a beta of 1.02. Invesco S&P 500 Equal Weight Real Estate ETF has a twelve month low of $30.83 and a twelve month high of $38.94.

About Invesco S&P 500 Equal Weight Real Estate ETF

The Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an equal-weighted index of US real estate equities selected from the S&P 500. The index excludes mortgage REITs and real estate management and development firms.