Independent Advisor Alliance Acquires Shares of 23,162 Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD)

Independent Advisor Alliance acquired a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 23,162 shares of the company’s stock, valued at approximately $1,238,000. Independent Advisor Alliance owned 0.27% of Invesco S&P 500 Equal Weight Consumer Discretionary ETF at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. US Bancorp DE grew its position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 554.3% in the fourth quarter. US Bancorp DE now owns 903 shares of the company’s stock valued at $48,000 after acquiring an additional 765 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 248.4% during the fourth quarter. Jones Financial Companies Lllp now owns 1,676 shares of the company’s stock valued at $90,000 after acquiring an additional 1,195 shares during the period. Global Retirement Partners LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 4th quarter valued at $143,000. JPMorgan Chase & Co. grew its holdings in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 123.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,063 shares of the company’s stock worth $160,000 after purchasing an additional 1,692 shares during the last quarter. Finally, Smartleaf Asset Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 4th quarter worth about $200,000.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Up 2.2 %

Shares of RSPD stock opened at $49.97 on Friday. The company has a market capitalization of $303.32 million, a P/E ratio of 18.40 and a beta of 1.40. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 12-month low of $44.67 and a 12-month high of $56.51. The firm has a 50-day moving average price of $53.77 and a 200 day moving average price of $52.97.

About Invesco S&P 500 Equal Weight Consumer Discretionary ETF

The Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund tracks an equal-weighted index of large-cap US Consumer Discretionary stocks drawn from the S&P 500. RSPD was launched on Nov 1, 2006 and is managed by Invesco.