Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) is Joseph P. Lucia & Associates LLC’s 9th Largest Position

Joseph P. Lucia & Associates LLC cut its holdings in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) by 0.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 81,395 shares of the company’s stock after selling 748 shares during the period. Invesco S&P 500 Equal Weight Financials ETF accounts for about 2.6% of Joseph P. Lucia & Associates LLC’s portfolio, making the stock its 9th largest holding. Joseph P. Lucia & Associates LLC owned approximately 1.90% of Invesco S&P 500 Equal Weight Financials ETF worth $5,891,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Sandbox Financial Partners LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Financials ETF by 10.8% in the 4th quarter. Sandbox Financial Partners LLC now owns 20,818 shares of the company’s stock valued at $1,507,000 after purchasing an additional 2,031 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its stake in Invesco S&P 500 Equal Weight Financials ETF by 20.3% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 4,749 shares of the company’s stock worth $344,000 after buying an additional 802 shares during the period. SeaCrest Wealth Management LLC increased its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 2.1% during the fourth quarter. SeaCrest Wealth Management LLC now owns 7,374 shares of the company’s stock valued at $534,000 after acquiring an additional 151 shares during the last quarter. Davis Investment Partners LLC raised its stake in shares of Invesco S&P 500 Equal Weight Financials ETF by 0.7% in the 4th quarter. Davis Investment Partners LLC now owns 75,381 shares of the company’s stock valued at $5,321,000 after acquiring an additional 528 shares during the period. Finally, ORG Partners LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Financials ETF in the 4th quarter worth approximately $47,000.

Invesco S&P 500 Equal Weight Financials ETF Stock Performance

NYSEARCA:RSPF opened at $76.04 on Tuesday. The stock has a market capitalization of $326.21 million, a P/E ratio of 14.91 and a beta of 0.84. Invesco S&P 500 Equal Weight Financials ETF has a fifty-two week low of $58.06 and a fifty-two week high of $78.43. The company has a 50 day moving average price of $74.36 and a 200 day moving average price of $70.45.

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.