Thrivent Financial for Lutherans Makes New $1.26 Million Investment in Invesco S&P 500 Equal Weight Financials ETF $RSPF

Thrivent Financial for Lutherans acquired a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) during the third quarter, Holdings Channel reports. The fund acquired 16,135 shares of the company’s stock, valued at approximately $1,255,000.

Other large investors have also recently modified their holdings of the company. Arkadios Wealth Advisors purchased a new stake in Invesco S&P 500 Equal Weight Financials ETF during the 2nd quarter valued at about $1,344,000. NewEdge Advisors LLC increased its stake in Invesco S&P 500 Equal Weight Financials ETF by 5.0% in the 2nd quarter. NewEdge Advisors LLC now owns 142,532 shares of the company’s stock worth $10,849,000 after purchasing an additional 6,792 shares during the period. Silver Oak Securities Incorporated lifted its position in Invesco S&P 500 Equal Weight Financials ETF by 86.6% in the third quarter. Silver Oak Securities Incorporated now owns 14,455 shares of the company’s stock valued at $1,124,000 after purchasing an additional 6,709 shares during the last quarter. Live Oak Investment Partners lifted its position in Invesco S&P 500 Equal Weight Financials ETF by 19.3% in the third quarter. Live Oak Investment Partners now owns 26,418 shares of the company’s stock valued at $2,055,000 after purchasing an additional 4,280 shares during the last quarter. Finally, Accordant Advisory Group Inc purchased a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF during the third quarter valued at approximately $270,000.

Invesco S&P 500 Equal Weight Financials ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight Financials ETF stock opened at $74.63 on Friday. Invesco S&P 500 Equal Weight Financials ETF has a 52-week low of $61.66 and a 52-week high of $81.29. The company’s 50 day moving average price is $78.45 and its 200-day moving average price is $77.17. The stock has a market capitalization of $289.56 million, a price-to-earnings ratio of 16.51 and a beta of 0.97.

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.