Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) Shares Sold by Joseph Group Capital Management

Joseph Group Capital Management trimmed its position in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPFFree Report) by 3.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 102,788 shares of the company’s stock after selling 3,299 shares during the period. Invesco S&P 500 Equal Weight Financials ETF comprises about 2.9% of Joseph Group Capital Management’s portfolio, making the stock its 8th largest holding. Joseph Group Capital Management’s holdings in Invesco S&P 500 Equal Weight Financials ETF were worth $7,439,000 at the end of the most recent reporting period.

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

Invesco S&P 500 Equal Weight Financials ETF Price Performance

NYSEARCA RSPF opened at $71.56 on Friday. 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 stock has a market capitalization of $304.13 million, a P/E ratio of 16.27 and a beta of 1.07. The firm’s 50-day moving average is $73.95 and its two-hundred day moving average is $73.01.

Invesco S&P 500 Equal Weight Financials ETF Increases Dividend

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

Invesco S&P 500 Equal Weight Financials ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF)

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