Ausdal Financial Partners Inc. Invests $1.15 Million in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF)

Ausdal Financial Partners Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 15,822 shares of the company’s stock, valued at approximately $1,145,000. Ausdal Financial Partners Inc. owned approximately 0.37% of Invesco S&P 500 Equal Weight Financials ETF as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. ORG Partners LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF in the 4th quarter worth $47,000. Promus Capital LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF during the fourth quarter valued at $147,000. Integrated Wealth Concepts LLC bought a new stake in Invesco S&P 500 Equal Weight Financials ETF in the 3rd quarter worth about $218,000. Sanctuary Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight Financials ETF in the 3rd quarter worth about $228,000. Finally, Wealthcare Advisory Partners LLC lifted its stake in Invesco S&P 500 Equal Weight Financials ETF by 20.3% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 4,749 shares of the company’s stock valued at $344,000 after acquiring an additional 802 shares during the period.

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

Shares of NYSEARCA RSPF opened at $73.26 on Thursday. The firm’s 50-day moving average price is $74.03 and its 200-day moving average price is $72.94. Invesco S&P 500 Equal Weight Financials ETF has a 52-week low of $59.36 and a 52-week high of $78.43. The company has a market cap of $311.36 million, a PE ratio of 16.27 and a beta of 1.07.

Invesco S&P 500 Equal Weight Financials ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be given a $0.3347 dividend. The ex-dividend date of this dividend is Monday, March 24th. This is an increase from Invesco S&P 500 Equal Weight Financials ETF’s previous dividend of $0.28.

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.