Stonebridge Financial Planning Group LLC Acquires Shares of 70,665 Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS)

Stonebridge Financial Planning Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) during the fourth quarter, Holdings Channel.com reports. The firm bought 70,665 shares of the company’s stock, valued at approximately $2,219,000. Invesco S&P 500 Equal Weight Consumer Staples ETF accounts for approximately 1.3% of Stonebridge Financial Planning Group LLC’s holdings, making the stock its 16th largest holding.

Other hedge funds have also modified their holdings of the company. McClarren Financial Advisors Inc. acquired a new position in Invesco S&P 500 Equal Weight Consumer Staples ETF in the fourth quarter valued at approximately $30,000. Capital Investment Advisory Services LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF in the 4th quarter valued at $30,000. Stone House Investment Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF in the 4th quarter worth $36,000. CWM LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF in the 4th quarter valued at approximately $43,000. Finally, Legend Financial Advisors Inc. bought a new position in Invesco S&P 500 Equal Weight Consumer Staples ETF during the 4th quarter worth approximately $68,000.

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

Shares of NYSEARCA RSPS traded down $0.21 during midday trading on Tuesday, reaching $32.04. 46,696 shares of the stock were exchanged, compared to its average volume of 89,151. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 12 month low of $28.28 and a 12 month high of $35.43. The business has a 50-day simple moving average of $32.02 and a two-hundred day simple moving average of $31.05. The company has a market capitalization of $434.14 million, a price-to-earnings ratio of 17.31 and a beta of 0.70.

Invesco S&P 500 Equal Weight Consumer Staples ETF 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.