Joseph P. Lucia & Associates LLC decreased its stake in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF – Free Report) by 1.3% in the second quarter, Holdings Channel.com reports. The firm owned 80,446 shares of the company’s stock after selling 1,074 shares during the period. Invesco S&P 500 Equal Weight Financials ETF comprises about 2.5% of Joseph P. Lucia & Associates LLC’s holdings, making the stock its 10th biggest position. Joseph P. Lucia & Associates LLC’s holdings in Invesco S&P 500 Equal Weight Financials ETF were worth $6,123,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. NewEdge Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 13.7% in the 1st quarter. NewEdge Advisors LLC now owns 135,740 shares of the company’s stock worth $9,845,000 after purchasing an additional 16,387 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 4.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 93,885 shares of the company’s stock worth $7,287,000 after purchasing an additional 3,570 shares during the period. Cetera Investment Advisers boosted its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 1.3% in the 1st quarter. Cetera Investment Advisers now owns 72,253 shares of the company’s stock worth $5,240,000 after purchasing an additional 928 shares during the period. Farther Finance Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 4.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 53,623 shares of the company’s stock worth $4,081,000 after purchasing an additional 2,089 shares during the period. Finally, Yoder Wealth Management Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 6.4% in the 2nd quarter. Yoder Wealth Management Inc. now owns 42,176 shares of the company’s stock worth $3,210,000 after purchasing an additional 2,521 shares during the period.
Invesco S&P 500 Equal Weight Financials ETF Stock Performance
Shares of Invesco S&P 500 Equal Weight Financials ETF stock opened at $74.80 on Friday. The stock has a market cap of $311.92 million, a price-to-earnings ratio of 16.51 and a beta of 0.96. The stock has a 50 day moving average price of $77.44 and a 200-day moving average price of $74.41. Invesco S&P 500 Equal Weight Financials ETF has a one year low of $61.66 and a one year high of $80.00.
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.
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