IMA Wealth Inc. Takes Position in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF)

IMA Wealth Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) in the 4th quarter, Holdings Channel reports. The institutional investor bought 3,985 shares of the company’s stock, valued at approximately $234,000.

Several other institutional investors also recently bought and sold shares of RSPF. Allworth Financial LP purchased a new position in Invesco S&P 500 Equal Weight Financials ETF during the fourth quarter valued at $68,000. Wetzel Investment Advisors Inc. purchased a new position in Invesco S&P 500 Equal Weight Financials ETF during the fourth quarter valued at $82,000. Capital Analysts LLC purchased a new position in Invesco S&P 500 Equal Weight Financials ETF during the fourth quarter valued at $171,000. Garrison Asset Management LLC purchased a new position in Invesco S&P 500 Equal Weight Financials ETF during the fourth quarter valued at $202,000. Finally, PFG Investments LLC purchased a new position in Invesco S&P 500 Equal Weight Financials ETF during the fourth quarter valued at $263,000.

Invesco S&P 500 Equal Weight Financials ETF Stock Performance

Shares of NYSEARCA:RSPF traded down $0.27 on Friday, reaching $60.96. The company’s stock had a trading volume of 8,665 shares, compared to its average volume of 20,005. Invesco S&P 500 Equal Weight Financials ETF has a 52-week low of $47.21 and a 52-week high of $64.32. The company has a market cap of $262.13 million, a P/E ratio of 15.25 and a beta of 0.94. The company has a 50-day simple moving average of $61.64 and a 200 day simple moving average of $57.70.

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.