Dumont & Blake Investment Advisors LLC Sells 187 Shares of Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF)

Dumont & Blake Investment Advisors LLC cut its stake in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) by 1.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,762 shares of the company’s stock after selling 187 shares during the period. Dumont & Blake Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Financials ETF were worth $924,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Stifel Financial Corp raised its holdings in Invesco S&P 500 Equal Weight Financials ETF by 6.8% during the 3rd quarter. Stifel Financial Corp now owns 17,354 shares of the company’s stock worth $1,197,000 after buying an additional 1,110 shares during the period. Sanctuary Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight Financials ETF during the third quarter worth $228,000. Integrated Wealth Concepts LLC bought a new position in Invesco S&P 500 Equal Weight Financials ETF during the third quarter worth $218,000. Yoder Wealth Management Inc. boosted its position in shares of 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 valued at $2,726,000 after acquiring an additional 827 shares during the period. Finally, SeaCrest Wealth Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 2.1% in the fourth quarter. SeaCrest Wealth Management LLC now owns 7,374 shares of the company’s stock valued at $534,000 after acquiring an additional 151 shares during the period.

Invesco S&P 500 Equal Weight Financials ETF Trading Up 2.5 %

Shares of NYSEARCA RSPF opened at $77.61 on Friday. The company has a market cap of $332.95 million, a price-to-earnings ratio of 14.91 and a beta of 0.84. Invesco S&P 500 Equal Weight Financials ETF has a 12 month low of $58.06 and a 12 month high of $78.43. The stock has a 50-day moving average price of $74.39 and a two-hundred day moving average price of $70.67.

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.