Worth Asset Management LLC Acquires New Position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD)

Worth Asset Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) during the fourth quarter, HoldingsChannel.com reports. The firm bought 5,844 shares of the company’s stock, valued at approximately $312,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in 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 purchased a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 3rd quarter valued at about $246,000. Great Valley Advisor Group Inc. increased its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 3.3% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 6,044 shares of the company’s stock valued at $315,000 after acquiring an additional 192 shares during the last quarter. Strategy Asset Managers LLC increased its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 274.6% during the 3rd quarter. Strategy Asset Managers LLC now owns 20,804 shares of the company’s stock valued at $1,084,000 after acquiring an additional 15,251 shares during the last quarter. Finally, Joseph Group Capital Management boosted its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 19.0% in the third quarter. Joseph Group Capital Management now owns 49,440 shares of the company’s stock worth $2,576,000 after acquiring an additional 7,902 shares during the last quarter.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Performance

Invesco S&P 500 Equal Weight Consumer Discretionary ETF stock traded up $0.06 during trading on Wednesday, reaching $52.95. The company had a trading volume of 10,357 shares, compared to its average volume of 25,887. 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 stock’s 50 day moving average price is $54.05 and its two-hundred day moving average price is $51.03. The firm has a market capitalization of $454.84 million, a price-to-earnings ratio of 16.50 and a beta of 1.37.

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.