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

Arkansas Financial Group Inc. decreased its holdings in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) by 3.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,501 shares of the company’s stock after selling 1,433 shares during the quarter. Arkansas Financial Group Inc.’s holdings in Invesco S&P 500 Equal Weight Financials ETF were worth $2,714,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. NewEdge Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight Financials ETF by 36,235.3% in the second quarter. NewEdge Advisors LLC now owns 111,186 shares of the company’s stock valued at $6,816,000 after purchasing an additional 110,880 shares during the period. Sandbox Financial Partners LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 6.0% during the 3rd quarter. Sandbox Financial Partners LLC now owns 18,787 shares of the company’s stock worth $1,296,000 after buying an additional 1,067 shares during the last quarter. Private Advisor Group LLC boosted its holdings in 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 acquiring an additional 1,132 shares during the last quarter. Yoder Wealth Management Inc. boosted its holdings in 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 last quarter. Finally, Harbour Investments Inc. grew its position in Invesco S&P 500 Equal Weight Financials ETF by 2.5% during 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 period.

Invesco S&P 500 Equal Weight Financials ETF Price Performance

Invesco S&P 500 Equal Weight Financials ETF stock opened at $74.86 on Friday. 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 company has a market cap of $321.15 million, a price-to-earnings ratio of 14.91 and a beta of 0.84. The stock’s 50-day moving average is $74.37 and its 200-day moving average is $70.21.

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.