Dumont & Blake Investment Advisors LLC Has $893,000 Position in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF)

Dumont & Blake Investment Advisors LLC trimmed its holdings in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) by 50.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,949 shares of the company’s stock after selling 12,947 shares during the period. Dumont & Blake Investment Advisors LLC owned 0.30% of Invesco S&P 500 Equal Weight Financials ETF worth $893,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. NewEdge Advisors LLC boosted its position in Invesco S&P 500 Equal Weight Financials ETF by 36,235.3% during the second quarter. NewEdge Advisors LLC now owns 111,186 shares of the company’s stock worth $6,816,000 after purchasing an additional 110,880 shares during the period. Cetera Investment Advisers bought a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF in the 1st quarter worth approximately $6,010,000. Davis Investment Partners LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 15.7% during the 2nd quarter. Davis Investment Partners LLC now owns 76,393 shares of the company’s stock worth $4,848,000 after purchasing an additional 10,374 shares in the last quarter. Arkansas Financial Group Inc. increased its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 3.8% during the third quarter. Arkansas Financial Group Inc. now owns 38,934 shares of the company’s stock valued at $2,686,000 after purchasing an additional 1,427 shares during the period. Finally, Private Advisor Group LLC raised its stake in shares of Invesco S&P 500 Equal Weight Financials ETF by 2.9% in the third quarter. Private Advisor Group LLC now owns 40,153 shares of the company’s stock valued at $2,770,000 after purchasing an additional 1,132 shares in the last quarter.

Invesco S&P 500 Equal Weight Financials ETF Trading Up 0.5 %

RSPF stock traded up $0.34 during midday trading on Friday, hitting $72.20. The stock had a trading volume of 239 shares, compared to its average volume of 16,110. Invesco S&P 500 Equal Weight Financials ETF has a 52 week low of $47.94 and a 52 week high of $72.65. The stock has a 50-day simple moving average of $68.84 and a 200 day simple moving average of $64.58. The firm has a market capitalization of $309.74 million, a price-to-earnings ratio of 14.91 and a beta of 0.84.

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.