Silver Oak Securities Incorporated Increases Stock Holdings in Invesco S&P 500 Equal Weight Financials ETF $RSPF

Silver Oak Securities Incorporated boosted its holdings in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) by 86.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 14,455 shares of the company’s stock after buying an additional 6,709 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Invesco S&P 500 Equal Weight Financials ETF were worth $1,124,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Sandbox Financial Partners LLC grew its holdings in Invesco S&P 500 Equal Weight Financials ETF by 1.6% in the 3rd quarter. Sandbox Financial Partners LLC now owns 21,613 shares of the company’s stock valued at $1,681,000 after buying an additional 342 shares during the period. Walker Asset Management LLC grew its holdings in Invesco S&P 500 Equal Weight Financials ETF by 9.5% in the third quarter. Walker Asset Management LLC now owns 20,400 shares of the company’s stock valued at $1,587,000 after purchasing an additional 1,762 shares during the period. Osaic Holdings Inc. grew its holdings in Invesco S&P 500 Equal Weight Financials ETF by 2.5% in the second quarter. Osaic Holdings Inc. now owns 24,822 shares of the company’s stock valued at $1,892,000 after purchasing an additional 596 shares during the period. Geneos Wealth Management Inc. increased its position in Invesco S&P 500 Equal Weight Financials ETF by 2.9% during the second quarter. Geneos Wealth Management Inc. now owns 6,658 shares of the company’s stock worth $507,000 after purchasing an additional 190 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in Invesco S&P 500 Equal Weight Financials ETF by 5.0% during the second 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.

Invesco S&P 500 Equal Weight Financials ETF Stock Down 0.1%

Shares of NYSEARCA RSPF opened at $78.43 on Friday. Invesco S&P 500 Equal Weight Financials ETF has a 52-week low of $61.66 and a 52-week high of $80.47. The firm has a fifty day moving average of $76.64 and a 200-day moving average of $76.72. The stock has a market capitalization of $306.66 million, a PE ratio of 16.51 and a beta of 0.97.

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.