Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) Shares Up 1.5% – What’s Next?

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPSGet Free Report)’s share price traded up 1.5% during trading on Tuesday . The stock traded as high as $29.07 and last traded at $29.03. 86,011 shares changed hands during mid-day trading, an increase of 48% from the average session volume of 58,038 shares. The stock had previously closed at $28.59.

Invesco S&P 500 Equal Weight Consumer Staples ETF Price Performance

The business has a 50 day moving average price of $29.35 and a 200 day moving average price of $30.01. The stock has a market capitalization of $236.01 million, a PE ratio of 17.33 and a beta of 0.49.

Institutional Trading of Invesco S&P 500 Equal Weight Consumer Staples ETF

A number of institutional investors and hedge funds have recently bought and sold shares of RSPS. HighTower Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 423.1% in the first quarter. HighTower Advisors LLC now owns 228,780 shares of the company’s stock worth $7,051,000 after buying an additional 185,044 shares during the last quarter. Grimes & Company Inc. purchased a new position in Invesco S&P 500 Equal Weight Consumer Staples ETF in the 2nd quarter worth approximately $1,672,000. Ballast Inc. purchased a new position in Invesco S&P 500 Equal Weight Consumer Staples ETF in the 2nd quarter worth approximately $1,601,000. JPMorgan Chase & Co. lifted its position in Invesco S&P 500 Equal Weight Consumer Staples ETF by 87.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 78,929 shares of the company’s stock valued at $2,366,000 after acquiring an additional 36,742 shares in the last quarter. Finally, Private Wealth Group LLC boosted its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 28.5% during the 3rd quarter. Private Wealth Group LLC now owns 87,066 shares of the company’s stock valued at $2,545,000 after purchasing an additional 19,294 shares during the last quarter.

About Invesco S&P 500 Equal Weight Consumer Staples ETF

(Get Free Report)

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.

Further Reading

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