Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) Shares Sold by MML Investors Services LLC

MML Investors Services LLC trimmed its stake in shares of Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) by 4.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,001 shares of the company’s stock after selling 226 shares during the period. MML Investors Services LLC owned about 0.12% of Invesco S&P 500 Equal Weight Financials ETF worth $345,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp raised its holdings in Invesco S&P 500 Equal Weight Financials ETF by 6.8% during the third quarter. Stifel Financial Corp now owns 17,354 shares of the company’s stock valued at $1,197,000 after buying an additional 1,110 shares in the last quarter. Integrated Wealth Concepts LLC bought a new stake in Invesco S&P 500 Equal Weight Financials ETF in the third quarter valued at $218,000. Joseph Group Capital Management increased its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 3.4% during the 3rd quarter. Joseph Group Capital Management now owns 106,087 shares of the company’s stock worth $7,319,000 after purchasing an additional 3,469 shares in the last quarter. Harbour Investments Inc. raised its stake in shares of Invesco S&P 500 Equal Weight Financials ETF by 2.5% in the third quarter. Harbour Investments Inc. now owns 17,271 shares of the company’s stock valued at $1,191,000 after acquiring an additional 421 shares during the last quarter. Finally, Yoder Wealth Management Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 2.1% during the third quarter. Yoder Wealth Management Inc. now owns 39,519 shares of the company’s stock worth $2,726,000 after purchasing an additional 827 shares during the last quarter.

Invesco S&P 500 Equal Weight Financials ETF Price Performance

Shares of Invesco S&P 500 Equal Weight Financials ETF stock opened at $73.26 on Wednesday. Invesco S&P 500 Equal Weight Financials ETF has a fifty-two week low of $57.08 and a fifty-two week high of $78.43. The firm has a market cap of $314.29 million, a P/E ratio of 14.91 and a beta of 0.84. The firm has a 50 day simple moving average of $74.17 and a 200 day simple moving average of $68.45.

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.