IFP Advisors Inc Purchases 46,630 Shares of Invesco S&P 500 Equal Weight Real Estate ETF $RSPR

IFP Advisors Inc boosted its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) by 19.8% during the 4th quarter, HoldingsChannel reports. The fund owned 281,946 shares of the company’s stock after buying an additional 46,630 shares during the quarter. IFP Advisors Inc owned approximately 0.10% of Invesco S&P 500 Equal Weight Real Estate ETF worth $9,482,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in Invesco S&P 500 Equal Weight Real Estate ETF by 2.7% during the second quarter. Bank of America Corp DE now owns 29,712 shares of the company’s stock valued at $1,041,000 after acquiring an additional 789 shares during the period. Equitable Holdings Inc. boosted its holdings in Invesco S&P 500 Equal Weight Real Estate ETF by 12.8% during the third quarter. Equitable Holdings Inc. now owns 41,817 shares of the company’s stock valued at $1,483,000 after purchasing an additional 4,755 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in Invesco S&P 500 Equal Weight Real Estate ETF by 27.1% during the third quarter. Raymond James Financial Inc. now owns 160,659 shares of the company’s stock valued at $5,696,000 after purchasing an additional 34,218 shares in the last quarter. UBS Group AG boosted its holdings in Invesco S&P 500 Equal Weight Real Estate ETF by 67.0% during the third quarter. UBS Group AG now owns 16,449 shares of the company’s stock valued at $583,000 after purchasing an additional 6,598 shares in the last quarter. Finally, BNP Paribas Financial Markets acquired a new stake in Invesco S&P 500 Equal Weight Real Estate ETF during the third quarter valued at approximately $355,000.

Invesco S&P 500 Equal Weight Real Estate ETF Trading Up 0.1%

NYSEARCA RSPR opened at $35.64 on Wednesday. The stock’s 50 day moving average is $34.67 and its two-hundred day moving average is $34.39. The company has a market capitalization of $97.30 million, a price-to-earnings ratio of 37.16 and a beta of 0.95. Invesco S&P 500 Equal Weight Real Estate ETF has a 1-year low of $32.41 and a 1-year high of $36.50.

Invesco S&P 500 Equal Weight Real Estate ETF 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.