Pacific Sun Financial Corp Sells 700 Shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM)

Pacific Sun Financial Corp lowered its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM) by 1.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,920 shares of the company’s stock after selling 700 shares during the period. Invesco S&P 500 Equal Weight Materials ETF comprises 1.1% of Pacific Sun Financial Corp’s portfolio, making the stock its 22nd largest holding. Pacific Sun Financial Corp owned approximately 0.74% of Invesco S&P 500 Equal Weight Materials ETF worth $1,984,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in RSPM. Obsidian Personal Planning Solutions LLC boosted its position in shares of Invesco S&P 500 Equal Weight Materials ETF by 10.5% during the 3rd quarter. Obsidian Personal Planning Solutions LLC now owns 138,167 shares of the company’s stock valued at $5,038,000 after acquiring an additional 13,141 shares in the last quarter. Creative Planning bought a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF in the 3rd quarter valued at approximately $266,000. Arkadios Wealth Advisors acquired a new position in shares of Invesco S&P 500 Equal Weight Materials ETF in the 3rd quarter worth approximately $213,000. Private Advisor Group LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF by 28.4% in the 3rd quarter. Private Advisor Group LLC now owns 22,575 shares of the company’s stock worth $844,000 after buying an additional 4,999 shares in the last quarter. Finally, Zions Bancorporation N.A. acquired a new stake in Invesco S&P 500 Equal Weight Materials ETF in the 3rd quarter valued at $77,000.

Invesco S&P 500 Equal Weight Materials ETF Price Performance

Shares of NYSEARCA:RSPM opened at $33.65 on Thursday. The stock has a market capitalization of $276.27 million, a price-to-earnings ratio of 16.13 and a beta of 1.21. The business’s fifty day moving average price is $33.52 and its two-hundred day moving average price is $35.18. Invesco S&P 500 Equal Weight Materials ETF has a fifty-two week low of $32.13 and a fifty-two week high of $37.85.

Invesco S&P 500 Equal Weight Materials ETF Profile

The Invesco S&P 500 Equal Weight Materials ETF (RSPM) is an exchange-traded fund that is based on the S&P 500 Equal Weighted / Materials index. The fund tracks an equal-weighted index of US materials companies in the S&P 500. RSPM was launched on Nov 1, 2006 and is managed by Invesco.