Great Valley Advisor Group Inc. Grows Stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD)

Great Valley Advisor Group Inc. increased its stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) by 3.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 6,044 shares of the company’s stock after acquiring an additional 192 shares during the period. Great Valley Advisor Group Inc.’s holdings in Invesco S&P 500 Equal Weight Consumer Discretionary ETF were worth $315,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CacheTech Inc. grew its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 8.5% during the third quarter. CacheTech Inc. now owns 283,290 shares of the company’s stock valued at $14,762,000 after buying an additional 22,138 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 0.7% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 237,049 shares of the company’s stock valued at $11,388,000 after buying an additional 1,645 shares during the last quarter. Legend Financial Advisors Inc. grew its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 1.1% during the third quarter. Legend Financial Advisors Inc. now owns 141,153 shares of the company’s stock valued at $7,355,000 after buying an additional 1,481 shares during the last quarter. NewEdge Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the second quarter valued at approximately $4,214,000. Finally, Madison Park Capital Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the third quarter valued at approximately $4,157,000.

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

RSPD opened at $55.02 on Thursday. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a one year low of $42.70 and a one year high of $55.84. The stock has a market cap of $472.62 million, a price-to-earnings ratio of 16.50 and a beta of 1.37. The stock’s 50 day moving average price is $52.52 and its 200-day moving average price is $49.68.

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

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.