IFP Advisors Inc Grows Stake in Invesco S&P 500 Equal Weight Real Estate ETF $RSPR

IFP Advisors Inc boosted its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) by 2.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 308,087 shares of the company’s stock after purchasing an additional 6,219 shares during the quarter. IFP Advisors Inc owned about 10.17% of Invesco S&P 500 Equal Weight Real Estate ETF worth $10,792,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Banque Transatlantique SA purchased a new position in Invesco S&P 500 Equal Weight Real Estate ETF during the 1st quarter worth $110,000. NorthRock Partners LLC purchased a new position in Invesco S&P 500 Equal Weight Real Estate ETF during the 1st quarter worth $121,000. Seek First Inc. purchased a new position in Invesco S&P 500 Equal Weight Real Estate ETF during the 1st quarter worth $217,000. Duncan Williams Asset Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Real Estate ETF in the 2nd quarter valued at $234,000. Finally, Kickstand Ventures LLC. increased its holdings in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 4.4% in the 1st quarter. Kickstand Ventures LLC. now owns 7,327 shares of the company’s stock valued at $262,000 after acquiring an additional 307 shares during the period.

Invesco S&P 500 Equal Weight Real Estate ETF Trading Down 0.5%

Shares of NYSEARCA:RSPR opened at $34.49 on Friday. Invesco S&P 500 Equal Weight Real Estate ETF has a 12-month low of $30.83 and a 12-month high of $38.94. The business’s fifty day simple moving average is $35.17 and its 200-day simple moving average is $34.94. The company has a market capitalization of $114.85 million, a PE ratio of 37.16 and a beta of 1.02.

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.