Arkansas Financial Group Inc. Lowers Position in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF)

Arkansas Financial Group Inc. trimmed its stake in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) by 3.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,501 shares of the company’s stock after selling 1,433 shares during the period. Arkansas Financial Group Inc. owned approximately 0.87% of Invesco S&P 500 Equal Weight Financials ETF worth $2,714,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. ORG Partners LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF in the 4th quarter valued at about $47,000. Integrated Wealth Concepts LLC bought a new position in shares of Invesco S&P 500 Equal Weight Financials ETF during the third quarter valued at about $218,000. Sanctuary Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF during the third quarter worth about $228,000. Wealthcare Advisory Partners LLC increased its holdings in Invesco S&P 500 Equal Weight Financials ETF by 20.3% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 4,749 shares of the company’s stock valued at $344,000 after purchasing an additional 802 shares during the period. Finally, SeaCrest Wealth Management LLC lifted its holdings in Invesco S&P 500 Equal Weight Financials ETF by 2.1% in the 4th quarter. SeaCrest Wealth Management LLC now owns 7,374 shares of the company’s stock worth $534,000 after buying an additional 151 shares during the period.

Invesco S&P 500 Equal Weight Financials ETF Stock Up 0.2 %

Shares of RSPF stock opened at $74.86 on Friday. The stock has a fifty day moving average of $74.37 and a 200 day moving average of $70.21. The firm has a market capitalization of $321.15 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 52 week low of $58.06 and a 52 week high of $78.43.

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.