Walker Asset Management LLC Trims Position in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF)

Walker Asset Management LLC decreased its position in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) by 4.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,607 shares of the company’s stock after selling 785 shares during the quarter. Invesco S&P 500 Equal Weight Financials ETF makes up 0.8% of Walker Asset Management LLC’s portfolio, making the stock its 20th biggest holding. Walker Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight Financials ETF were worth $1,347,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. NewEdge Advisors LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Financials ETF by 36,235.3% during the 2nd 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 during the last quarter. Joseph Group Capital Management lifted its position in Invesco S&P 500 Equal Weight Financials ETF by 3.4% during the third quarter. Joseph Group Capital Management now owns 106,087 shares of the company’s stock valued at $7,319,000 after purchasing an additional 3,469 shares in the last quarter. Davis Investment Partners LLC lifted its position in Invesco S&P 500 Equal Weight Financials ETF by 0.7% during the fourth quarter. Davis Investment Partners LLC now owns 75,381 shares of the company’s stock valued at $5,321,000 after purchasing an additional 528 shares in the last quarter. Private Advisor Group LLC grew its holdings in 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 valued at $2,770,000 after purchasing an additional 1,132 shares during the period. Finally, Yoder Wealth Management Inc. increased its position in Invesco S&P 500 Equal Weight Financials ETF by 2.1% in the third quarter. Yoder Wealth Management Inc. now owns 39,519 shares of the company’s stock worth $2,726,000 after buying an additional 827 shares in the last quarter.

Invesco S&P 500 Equal Weight Financials ETF Stock Up 0.7 %

NYSEARCA RSPF opened at $74.60 on Friday. The stock’s 50-day moving average price is $74.42 and its 200-day moving average price is $69.87. The company has a market capitalization of $320.03 million, a P/E ratio of 14.91 and a beta of 0.84. Invesco S&P 500 Equal Weight Financials ETF has a 52 week low of $57.08 and a 52 week high of $78.43.

Invesco S&P 500 Equal Weight Financials ETF 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.