SignalPoint Asset Management LLC decreased its position in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF – Free Report) by 7.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,846 shares of the company’s stock after selling 4,359 shares during the quarter. Invesco S&P 500 Equal Weight Financials ETF accounts for approximately 0.9% of SignalPoint Asset Management LLC’s holdings, making the stock its 19th largest position. SignalPoint Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight Financials ETF were worth $3,824,000 at the end of the most recent quarter.
Several other hedge funds also recently made changes to their positions in the company. SeaCrest Wealth Management LLC grew its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 2.1% in the 4th quarter. SeaCrest Wealth Management LLC now owns 7,374 shares of the company’s stock worth $534,000 after acquiring an additional 151 shares in the last quarter. Joseph Group Capital Management grew its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 0.4% in the 2nd quarter. Joseph Group Capital Management now owns 102,618 shares of the company’s stock worth $6,290,000 after acquiring an additional 378 shares in the last quarter. Harbour Investments Inc. grew its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 2.5% in the 3rd quarter. Harbour Investments Inc. now owns 17,271 shares of the company’s stock worth $1,191,000 after acquiring an additional 421 shares in the last quarter. Davis Investment Partners LLC grew its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 0.7% in the 4th quarter. Davis Investment Partners LLC now owns 75,381 shares of the company’s stock worth $5,321,000 after acquiring an additional 528 shares in the last quarter. Finally, ORG Partners LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF in the 4th quarter worth approximately $47,000.
Invesco S&P 500 Equal Weight Financials ETF Trading Up 2.2 %
Shares of NYSEARCA RSPF opened at $73.71 on Thursday. The company has a market cap of $316.22 million, a price-to-earnings ratio of 14.91 and a beta of 0.84. Invesco S&P 500 Equal Weight Financials ETF has a 12-month low of $57.08 and a 12-month high of $78.43. The stock’s 50 day simple moving average is $74.42 and its 200 day simple moving average is $69.75.
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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