IFP Advisors Inc Has $8.34 Million Holdings in Invesco S&P 500 Equal Weight Real Estate ETF $RSPR

IFP Advisors Inc trimmed its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) by 23.6% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 235,316 shares of the company’s stock after selling 72,771 shares during the quarter. IFP Advisors Inc owned 0.07% of Invesco S&P 500 Equal Weight Real Estate ETF worth $8,343,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Sound Income Strategies LLC bought a new position in shares of Invesco S&P 500 Equal Weight Real Estate ETF in the third quarter valued at approximately $1,921,000. Raymond James Financial Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 27.1% in the 3rd quarter. Raymond James Financial Inc. now owns 160,659 shares of the company’s stock worth $5,696,000 after acquiring an additional 34,218 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Invesco S&P 500 Equal Weight Real Estate ETF by 159.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 25,179 shares of the company’s stock worth $899,000 after acquiring an additional 15,467 shares during the last quarter. BNP Paribas Financial Markets bought a new stake in Invesco S&P 500 Equal Weight Real Estate ETF during the 3rd quarter worth approximately $355,000. Finally, Jane Street Group LLC acquired a new stake in Invesco S&P 500 Equal Weight Real Estate ETF during the 2nd quarter valued at $306,000.

Invesco S&P 500 Equal Weight Real Estate ETF Stock Performance

Shares of RSPR opened at $34.05 on Thursday. The company has a market cap of $98.06 million, a price-to-earnings ratio of 37.16 and a beta of 1.03. The stock has a fifty day moving average price of $34.85 and a two-hundred day moving average price of $34.54. Invesco S&P 500 Equal Weight Real Estate ETF has a 52-week low of $30.83 and a 52-week high of $36.34.

Invesco S&P 500 Equal Weight Real Estate ETF Company Profile

The Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an equal-weighted index of US real estate equities selected from the S&P 500. The index excludes mortgage REITs and real estate management and development firms. RSPR was launched on Aug 13, 2015 and is managed by Invesco.