Carmichael Hill & Associates Inc. Sells 413 Shares of Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF)

Carmichael Hill & Associates Inc. reduced its position in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) by 5.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,873 shares of the company’s stock after selling 413 shares during the quarter. Carmichael Hill & Associates Inc. owned 0.18% of Invesco S&P 500 Equal Weight Financials ETF worth $543,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. NewEdge Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 36,235.3% in the 2nd quarter. NewEdge Advisors LLC now owns 111,186 shares of the company’s stock valued at $6,816,000 after acquiring an additional 110,880 shares during the period. Cetera Investment Advisers purchased a new position in Invesco S&P 500 Equal Weight Financials ETF in the first quarter valued at about $6,010,000. Davis Investment Partners LLC raised its holdings in Invesco S&P 500 Equal Weight Financials ETF by 15.7% in the second 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. lifted 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 buying an additional 1,427 shares during the last quarter. Finally, Private Advisor Group LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 2.9% in the 3rd quarter. Private Advisor Group LLC now owns 40,153 shares of the company’s stock valued at $2,770,000 after buying an additional 1,132 shares in the last quarter.

Invesco S&P 500 Equal Weight Financials ETF Stock Down 0.4 %

NYSEARCA RSPF opened at $70.53 on Friday. Invesco S&P 500 Equal Weight Financials ETF has a 52 week low of $50.13 and a 52 week high of $72.65. The company has a 50 day moving average price of $69.43 and a 200 day moving average price of $65.03. The firm has a market cap of $302.59 million, a PE ratio of 14.91 and a beta of 0.84.

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.