HighTower Advisors LLC Sells 362 Shares of Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF)

HighTower Advisors LLC decreased its position in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) by 1.8% during the third quarter, Holdings Channel reports. The fund owned 19,371 shares of the company’s stock after selling 362 shares during the period. HighTower Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Financials ETF were worth $1,334,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of RSPF. Joseph Group Capital Management grew its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 0.4% during the second quarter. Joseph Group Capital Management now owns 102,618 shares of the company’s stock worth $6,290,000 after purchasing an additional 378 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 36,235.3% during the second quarter. NewEdge Advisors LLC now owns 111,186 shares of the company’s stock worth $6,816,000 after purchasing an additional 110,880 shares in the last quarter. Arkansas Financial Group Inc. grew its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 3.8% during the third quarter. Arkansas Financial Group Inc. now owns 38,934 shares of the company’s stock worth $2,686,000 after purchasing an additional 1,427 shares in the last quarter. Sandbox Financial Partners LLC grew its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 6.0% during the third quarter. Sandbox Financial Partners LLC now owns 18,787 shares of the company’s stock worth $1,296,000 after purchasing an additional 1,067 shares in the last quarter. Finally, Private Advisor Group LLC grew its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 2.9% during the third quarter. Private Advisor Group LLC now owns 40,153 shares of the company’s stock worth $2,770,000 after purchasing an additional 1,132 shares in the last quarter.

Invesco S&P 500 Equal Weight Financials ETF Price Performance

NYSEARCA RSPF opened at $74.69 on Tuesday. The stock has a market capitalization of $320.40 million, a PE ratio of 14.91 and a beta of 0.84. The business has a 50 day simple moving average of $73.81 and a two-hundred day simple moving average of $67.97. Invesco S&P 500 Equal Weight Financials ETF has a 1-year low of $57.08 and a 1-year high of $78.43.

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.