10,270 Shares in Invesco S&P 500 Equal Weight Financials ETF $RSPF Purchased by Perryman Financial Advisory Inc. AD

Perryman Financial Advisory Inc. AD bought a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 10,270 shares of the company’s stock, valued at approximately $806,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. increased its position in Invesco S&P 500 Equal Weight Financials ETF by 32,235.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 78,575 shares of the company’s stock worth $6,167,000 after buying an additional 78,332 shares during the period. Bank of America Corp DE lifted its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 9.9% during the third quarter. Bank of America Corp DE now owns 280,253 shares of the company’s stock worth $21,798,000 after buying an additional 25,274 shares during the last quarter. Sykon Capital LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF in the fourth quarter valued at approximately $887,000. NewEdge Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 7.6% in the third quarter. NewEdge Advisors LLC now owns 153,319 shares of the company’s stock valued at $11,925,000 after acquiring an additional 10,787 shares during the period. Finally, Evoke Wealth LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF in the fourth quarter worth $787,000.

Invesco S&P 500 Equal Weight Financials ETF Stock Performance

Shares of RSPF stock opened at $77.67 on Monday. Invesco S&P 500 Equal Weight Financials ETF has a 1 year low of $69.04 and a 1 year high of $81.29. The firm’s fifty day simple moving average is $75.22 and its 200 day simple moving average is $75.89. The firm has a market capitalization of $282.72 million, a P/E ratio of 16.51 and a beta of 0.86.

About Invesco S&P 500 Equal Weight Financials ETF

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.