IFP Advisors Inc Sells 72,771 Shares of Invesco S&P 500 Equal Weight Real Estate ETF $RSPR

IFP Advisors Inc decreased its position in Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) by 23.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 235,316 shares of the company’s stock after selling 72,771 shares during the quarter. IFP Advisors Inc owned approximately 7.00% of Invesco S&P 500 Equal Weight Real Estate ETF worth $8,343,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Sound Income Strategies LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF during the 3rd quarter worth $1,921,000. Raymond James Financial Inc. raised its holdings in 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 during the period. Goldman Sachs Group Inc. raised its holdings in Invesco S&P 500 Equal Weight Real Estate ETF by 159.3% in 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 period. BNP Paribas Financial Markets acquired a new position in Invesco S&P 500 Equal Weight Real Estate ETF during the 3rd quarter worth $355,000. Finally, Jane Street Group LLC acquired a new position in Invesco S&P 500 Equal Weight Real Estate ETF during the 2nd quarter worth $306,000.

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

RSPR stock opened at $34.05 on Thursday. The stock has a market capitalization of $98.06 million, a price-to-earnings ratio of 37.16 and a beta of 1.03. The company has a 50-day moving average of $34.85 and a two-hundred day moving average 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.