18,824 Shares in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) Bought by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new stake in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 18,824 shares of the company’s stock, valued at approximately $1,362,000. Raymond James Financial Inc. owned about 0.44% of Invesco S&P 500 Equal Weight Financials ETF at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in RSPF. Stifel Financial Corp lifted its stake in shares of Invesco S&P 500 Equal Weight Financials ETF by 6.8% in the third quarter. Stifel Financial Corp now owns 17,354 shares of the company’s stock worth $1,197,000 after acquiring an additional 1,110 shares during the period. Jones Financial Companies Lllp raised its holdings in Invesco S&P 500 Equal Weight Financials ETF by 221.9% during the 4th quarter. Jones Financial Companies Lllp now owns 6,849 shares of the company’s stock worth $496,000 after purchasing an additional 4,721 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Financials ETF in the 3rd quarter worth approximately $228,000. Truist Financial Corp bought a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF in the 4th quarter valued at $591,000. Finally, Yoder Wealth Management Inc. increased its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 1.8% during the fourth quarter. Yoder Wealth Management Inc. now owns 40,243 shares of the company’s stock worth $2,912,000 after buying an additional 724 shares during the period.

Invesco S&P 500 Equal Weight Financials ETF Stock Up 1.1 %

Shares of NYSEARCA RSPF opened at $73.30 on Thursday. Invesco S&P 500 Equal Weight Financials ETF has a 12-month low of $59.36 and a 12-month high of $78.43. The firm has a market cap of $311.53 million, a PE ratio of 16.27 and a beta of 1.07. The company’s fifty day simple moving average is $73.83 and its 200 day simple moving average is $73.12.

Invesco S&P 500 Equal Weight Financials ETF Increases Dividend

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

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.