Blue Chip Partners LLC Buys Shares of 46,610 Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD)

Blue Chip Partners LLC bought a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPDFree 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

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding RSPD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPDFree Report).

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD)

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