Burns Matteson Capital Management LLC Makes New $340,000 Investment in Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR)

Burns Matteson Capital Management LLC purchased a new stake in Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 9,666 shares of the company’s stock, valued at approximately $340,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Geneos Wealth Management Inc. grew its stake in Invesco S&P 500 Equal Weight Real Estate ETF by 23.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 4,081 shares of the company’s stock worth $144,000 after buying an additional 775 shares during the last quarter. Focus Financial Network Inc. bought a new position in Invesco S&P 500 Equal Weight Real Estate ETF during the 3rd quarter valued at $210,000. Koshinski Asset Management Inc. acquired a new position in Invesco S&P 500 Equal Weight Real Estate ETF during the third quarter worth about $276,000. MML Investors Services LLC boosted its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 12.4% during the 3rd quarter. MML Investors Services LLC now owns 7,610 shares of the company’s stock valued at $289,000 after purchasing an additional 839 shares in the last quarter. Finally, Arkadios Wealth Advisors acquired a new position in shares of Invesco S&P 500 Equal Weight Real Estate ETF in the 3rd quarter worth approximately $518,000.

Invesco S&P 500 Equal Weight Real Estate ETF Stock Performance

Invesco S&P 500 Equal Weight Real Estate ETF stock opened at $35.86 on Monday. The firm has a market cap of $125.87 million, a price-to-earnings ratio of 32.96 and a beta of 1.00. Invesco S&P 500 Equal Weight Real Estate ETF has a 1 year low of $30.21 and a 1 year high of $38.94. The firm’s 50 day moving average price is $35.63 and its two-hundred day moving average price is $36.50.

Invesco S&P 500 Equal Weight Real Estate ETF Profile

The Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an equal-weighted index of US real estate equities selected from the S&P 500. The index excludes mortgage REITs and real estate management and development firms.