Affiance Financial LLC Cuts Stake in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS)

Affiance Financial LLC reduced its position in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) by 9.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 150,535 shares of the company’s stock after selling 16,299 shares during the period. Invesco S&P 500 Equal Weight Consumer Staples ETF makes up approximately 1.1% of Affiance Financial LLC’s holdings, making the stock its 16th largest holding. Affiance Financial LLC’s holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF were worth $4,531,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Stifel Financial Corp increased its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 3.4% in the third quarter. Stifel Financial Corp now owns 25,840 shares of the company’s stock worth $836,000 after buying an additional 851 shares during the period. Jane Street Group LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 213.9% in the 3rd quarter. Jane Street Group LLC now owns 38,719 shares of the company’s stock worth $1,253,000 after purchasing an additional 26,384 shares in the last quarter. Friedenthal Financial boosted its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 2.8% in the third quarter. Friedenthal Financial now owns 48,972 shares of the company’s stock worth $1,585,000 after purchasing an additional 1,318 shares during the last quarter. Truist Financial Corp lifted its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 8.0% in the 2nd quarter. Truist Financial Corp now owns 51,023 shares of the company’s stock worth $1,562,000 after purchasing an additional 3,770 shares during the period. Finally, Cahill Financial Advisors Inc. increased its position in Invesco S&P 500 Equal Weight Consumer Staples ETF by 3.5% in the third quarter. Cahill Financial Advisors Inc. now owns 42,105 shares of the company’s stock worth $1,363,000 after buying an additional 1,412 shares in the last quarter.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Up 0.7 %

Shares of RSPS stock opened at $29.52 on Friday. The stock has a market cap of $396.75 million, a P/E ratio of 16.20 and a beta of 0.71. The company’s fifty day simple moving average is $30.50 and its two-hundred day simple moving average is $31.27. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 52 week low of $28.92 and a 52 week high of $33.05.

Invesco S&P 500 Equal Weight Consumer Staples ETF Company Profile

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