Royal Fund Management LLC cut its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS – Free Report) by 53.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 16,685 shares of the company’s stock after selling 19,033 shares during the period. Royal Fund Management LLC’s holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF were worth $502,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently added to or reduced their stakes in the company. Creative Planning raised its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 7.0% during the 3rd quarter. Creative Planning now owns 9,618 shares of the company’s stock worth $311,000 after purchasing an additional 626 shares during the period. Blackston Financial Advisory Group LLC bought a new position in Invesco S&P 500 Equal Weight Consumer Staples ETF during the 3rd quarter worth $485,000. Quantinno Capital Management LP lifted its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 26.8% in the third quarter. Quantinno Capital Management LP now owns 15,110 shares of the company’s stock valued at $489,000 after buying an additional 3,191 shares during the last quarter. Stifel Financial Corp lifted its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 3.4% in the third quarter. Stifel Financial Corp now owns 25,840 shares of the company’s stock valued at $836,000 after buying an additional 851 shares during the last quarter. Finally, Yoder Wealth Management Inc. grew its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 3.2% during the third quarter. Yoder Wealth Management Inc. now owns 27,799 shares of the company’s stock worth $900,000 after acquiring an additional 859 shares during the last quarter.
Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Up 0.2 %
RSPS stock opened at $29.48 on Wednesday. The stock has a market cap of $396.21 million, a PE ratio of 16.20 and a beta of 0.71. The firm’s 50-day simple moving average is $30.63 and its 200 day simple moving average is $31.30. Invesco S&P 500 Equal Weight Consumer Staples ETF has a fifty-two week low of $28.92 and a fifty-two week high of $33.05.
Invesco S&P 500 Equal Weight Consumer Staples ETF Profile
The Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) is an exchange-traded fund that mostly invests in consumer staples equity. The fund tracks an equal-weighted index of large-cap US consumer staples stocks drawn from the S&P 500. RSPS was launched on Nov 1, 2006 and is managed by Invesco.
Recommended Stories
- Five stocks we like better than Invesco S&P 500 Equal Weight Consumer Staples ETF
- 3 Tickers Leading a Meme Stock Revival
- SAP’s Strong Momentum: A Bullish Setup for Investors
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- BlackRock Breaks Records: Why the Stock Still Has Room to Run
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Duke vs. NRG: Which Energy Stock Will Power Higher Gains?
Want to see what other hedge funds are holding RSPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight Consumer Staples ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Consumer Staples ETF and related companies with MarketBeat.com's FREE daily email newsletter.