Joseph Group Capital Management Buys 4,544 Shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD)

Joseph Group Capital Management raised its stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) by 12.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,538 shares of the company’s stock after buying an additional 4,544 shares during the period. Joseph Group Capital Management’s holdings in Invesco S&P 500 Equal Weight Consumer Discretionary ETF were worth $1,995,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in RSPD. Private Advisor Group LLC lifted its position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 8.4% in the 2nd quarter. Private Advisor Group LLC now owns 36,274 shares of the company’s stock worth $1,743,000 after buying an additional 2,818 shares during the last quarter. Legend Financial Advisors Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 0.9% in the 2nd quarter. Legend Financial Advisors Inc. now owns 139,672 shares of the company’s stock valued at $6,710,000 after purchasing an additional 1,237 shares in the last quarter. Cohen & Steers Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 4th quarter valued at $3,040,000. Vista Investment Management purchased a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 4th quarter worth $1,351,000. Finally, Worth Asset Management LLC purchased a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 1st quarter worth $609,000.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Up 1.3 %

NYSEARCA RSPD opened at $50.98 on Friday. The company has a 50-day simple moving average of $48.43 and a two-hundred day simple moving average of $48.39. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 12-month low of $38.41 and a 12-month high of $51.29. The firm has a market cap of $437.92 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.