Blue Chip Partners LLC bought a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD – Free Report) in the fourth quarter, Holdings Channel reports. The institutional investor bought 46,610 shares of the company’s stock, valued at approximately $2,490,000.
Other institutional investors have also modified their holdings of the company. Blue Trust Inc. increased its position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 134.4% during the third quarter. Blue Trust Inc. now owns 689 shares of the company’s stock worth $33,000 after purchasing an additional 395 shares during the last quarter. JPMorgan Chase & Co. grew its stake 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 valued at $160,000 after buying an additional 1,692 shares during the period. Flow Traders U.S. LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 3rd quarter worth approximately $246,000. Verity Asset Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 4th quarter valued at approximately $284,000. Finally, Worth Asset Management LLC acquired a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the fourth quarter valued at approximately $312,000.
Invesco S&P 500 Equal Weight Consumer Discretionary ETF Price Performance
Shares of RSPD stock opened at $55.55 on Monday. The company has a 50-day moving average of $54.26 and a two-hundred day moving average of $52.22. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 1-year low of $44.67 and a 1-year high of $56.51. The firm has a market cap of $477.17 million, a PE ratio of 16.50 and a beta of 1.37.
Invesco S&P 500 Equal Weight Consumer Discretionary ETF Profile
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.
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