Freedom Investment Management Inc. Cuts Holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS)

Freedom Investment Management Inc. lowered its position in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) by 6.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,866 shares of the company’s stock after selling 499 shares during the quarter. Freedom Investment Management Inc.’s holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF were worth $255,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in RSPS. Cetera Investment Advisers lifted its position in Invesco S&P 500 Equal Weight Consumer Staples ETF by 1,703.4% during the first quarter. Cetera Investment Advisers now owns 130,262 shares of the company’s stock valued at $4,290,000 after buying an additional 123,039 shares in the last quarter. Csenge Advisory Group raised its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 7.7% in the 2nd quarter. Csenge Advisory Group now owns 75,000 shares of the company’s stock valued at $2,296,000 after acquiring an additional 5,332 shares during the period. Friedenthal Financial lifted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 7.1% during the 2nd quarter. Friedenthal Financial now owns 47,654 shares of the company’s stock valued at $1,459,000 after acquiring an additional 3,168 shares in the last quarter. Royal Fund Management LLC boosted its position in Invesco S&P 500 Equal Weight Consumer Staples ETF by 3.8% during the 2nd quarter. Royal Fund Management LLC now owns 109,767 shares of the company’s stock worth $3,370,000 after purchasing an additional 4,061 shares during the period. Finally, Harbour Investments Inc. increased its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 8.7% in the 2nd quarter. Harbour Investments Inc. now owns 13,054 shares of the company’s stock valued at $400,000 after purchasing an additional 1,041 shares in the last quarter.

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

Shares of RSPS opened at $31.81 on Monday. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 12 month low of $29.99 and a 12 month high of $33.05. The stock’s 50-day moving average is $31.53 and its two-hundred day moving average is $31.53. The stock has a market cap of $427.53 million, a PE ratio of 16.20 and a beta of 0.71.

About Invesco S&P 500 Equal Weight Consumer Staples ETF

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.