FRG Family Wealth Advisors LLC Trims Stock Holdings in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF)

FRG Family Wealth Advisors LLC cut its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) by 1.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,005 shares of the company’s stock after selling 360 shares during the period. FRG Family Wealth Advisors LLC owned about 0.44% of Invesco S&P 500 Equal Weight Financials ETF worth $1,375,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in RSPF. Raymond James Financial Inc. acquired a new position in Invesco S&P 500 Equal Weight Financials ETF in the fourth quarter valued at approximately $1,362,000. Bank of Montreal Can boosted its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 89.2% in the fourth quarter. Bank of Montreal Can now owns 1,050 shares of the company’s stock valued at $76,000 after acquiring an additional 495 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 1.9% in the fourth quarter. Wells Fargo & Company MN now owns 36,375 shares of the company’s stock valued at $2,632,000 after acquiring an additional 693 shares during the period. National Bank of Canada FI boosted its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 70.3% in the fourth quarter. National Bank of Canada FI now owns 8,098 shares of the company’s stock valued at $586,000 after acquiring an additional 3,344 shares during the period. Finally, Ausdal Financial Partners Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF during the fourth quarter worth approximately $1,145,000.

Invesco S&P 500 Equal Weight Financials ETF Price Performance

Invesco S&P 500 Equal Weight Financials ETF stock opened at $68.39 on Thursday. The business has a 50 day simple moving average of $72.39 and a 200-day simple moving average of $72.94. The stock has a market capitalization of $292.71 million, a PE ratio of 14.46 and a beta of 0.96. Invesco S&P 500 Equal Weight Financials ETF has a 12 month low of $59.36 and a 12 month high of $78.43.

Invesco S&P 500 Equal Weight Financials ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a dividend of $0.3347 per share. The ex-dividend date of this dividend was Monday, March 24th. This is a positive change from Invesco S&P 500 Equal Weight Financials ETF’s previous dividend of $0.28.

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.