Walker Asset Management LLC Sells 1,669 Shares of Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF)

Walker Asset Management LLC lessened its stake in shares of Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) by 7.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,392 shares of the company’s stock after selling 1,669 shares during the quarter. Invesco S&P 500 Equal Weight Financials ETF comprises 0.8% of Walker Asset Management LLC’s investment portfolio, making the stock its 20th biggest holding. Walker Asset Management LLC owned about 0.45% of Invesco S&P 500 Equal Weight Financials ETF worth $1,338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently made changes to their positions in the company. NewEdge Advisors LLC increased 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 acquiring an additional 110,880 shares in the last quarter. Joseph Group Capital Management lifted its stake in Invesco S&P 500 Equal Weight Financials ETF by 0.4% in the second quarter. Joseph Group Capital Management now owns 102,618 shares of the company’s stock valued at $6,290,000 after purchasing an additional 378 shares during the last quarter. Cetera Investment Advisers bought a new position in Invesco S&P 500 Equal Weight Financials ETF during the first quarter valued at $6,010,000. Davis Investment Partners LLC increased its holdings in Invesco S&P 500 Equal Weight Financials ETF by 15.7% in the 2nd quarter. Davis Investment Partners LLC now owns 76,393 shares of the company’s stock worth $4,848,000 after acquiring an additional 10,374 shares during the last quarter. Finally, Private Advisor Group LLC lifted 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 acquiring an additional 1,132 shares in the last quarter.

Invesco S&P 500 Equal Weight Financials ETF Price Performance

RSPF stock traded up $0.24 during mid-day trading on Thursday, reaching $71.88. 675 shares of the company traded hands, compared to its average volume of 16,178. The company has a fifty day moving average price of $68.71 and a 200-day moving average price of $64.53. Invesco S&P 500 Equal Weight Financials ETF has a 52-week low of $47.94 and a 52-week high of $72.65. The company has a market capitalization of $308.37 million, a P/E ratio of 14.91 and a beta of 0.84.

About Invesco S&P 500 Equal Weight Financials ETF

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.