NewEdge Advisors LLC Has $8.64 Million Stake in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF)

NewEdge Advisors LLC increased its stake in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) by 2.5% in the 4th quarter, Holdings Channel reports. The firm owned 119,353 shares of the company’s stock after purchasing an additional 2,928 shares during the period. NewEdge Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Financials ETF were worth $8,638,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp lifted its stake in shares of Invesco S&P 500 Equal Weight Financials ETF by 6.8% in the third quarter. Stifel Financial Corp now owns 17,354 shares of the company’s stock worth $1,197,000 after buying an additional 1,110 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in Invesco S&P 500 Equal Weight Financials ETF by 221.9% during the fourth quarter. Jones Financial Companies Lllp now owns 6,849 shares of the company’s stock valued at $496,000 after acquiring an additional 4,721 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF in the third quarter valued at about $228,000. Truist Financial Corp bought a new position in shares of Invesco S&P 500 Equal Weight Financials ETF in the fourth quarter worth about $591,000. Finally, LPL Financial LLC lifted its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 12.8% during the 4th quarter. LPL Financial LLC now owns 128,258 shares of the company’s stock worth $9,282,000 after purchasing an additional 14,602 shares during the last quarter.

Invesco S&P 500 Equal Weight Financials ETF Stock Up 0.3 %

RSPF opened at $67.11 on Friday. The stock’s 50 day moving average price is $71.39 and its two-hundred day moving average price is $72.84. The firm has a market capitalization of $287.23 million, a P/E ratio of 14.46 and a beta of 0.96. Invesco S&P 500 Equal Weight Financials ETF has a 12-month low of $59.60 and a 12-month high of $78.43.

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.