Davis Investment Partners LLC Has $1.46 Million Stock Holdings in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD)

Davis Investment Partners LLC boosted its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) by 1.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,831 shares of the company’s stock after purchasing an additional 470 shares during the period. Invesco S&P 500 Equal Weight Consumer Discretionary ETF accounts for approximately 0.6% of Davis Investment Partners LLC’s portfolio, making the stock its 29th biggest position. Davis Investment Partners LLC owned about 0.32% of Invesco S&P 500 Equal Weight Consumer Discretionary ETF worth $1,459,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Blue Trust Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 134.4% during the 3rd quarter. Blue Trust Inc. now owns 689 shares of the company’s stock valued at $33,000 after purchasing an additional 395 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 123.4% in the third quarter. JPMorgan Chase & Co. now owns 3,063 shares of the company’s stock valued at $160,000 after purchasing an additional 1,692 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 3rd quarter valued at approximately $246,000. Worth Asset Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the fourth quarter worth approximately $312,000. Finally, Great Valley Advisor Group Inc. boosted its holdings in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 3.3% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 6,044 shares of the company’s stock valued at $315,000 after purchasing an additional 192 shares during the period.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Up 0.5 %

Shares of RSPD stock traded up $0.24 during mid-day trading on Monday, reaching $52.65. The stock had a trading volume of 14,848 shares, compared to its average volume of 32,750. The firm has a market cap of $452.26 million, a PE ratio of 16.50 and a beta of 1.37. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a one year low of $44.67 and a one year high of $56.51. The firm’s 50 day simple moving average is $54.13 and its 200 day simple moving average is $51.13.

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.