Connable Office Inc. Takes Position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD)

Connable Office Inc. bought a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 19,954 shares of the company’s stock, valued at approximately $1,066,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RSPD. Harel Insurance Investments & Financial Services Ltd. raised its stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 6.4% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,999,771 shares of the company’s stock valued at $106,848,000 after acquiring an additional 120,869 shares during the last quarter. Blue Chip Partners LLC purchased a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 4th quarter valued at approximately $2,490,000. CacheTech Inc. raised its stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 8.5% during the 3rd quarter. CacheTech Inc. now owns 283,290 shares of the company’s stock valued at $14,762,000 after acquiring an additional 22,138 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 561.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 25,601 shares of the company’s stock valued at $1,368,000 after acquiring an additional 21,732 shares during the last quarter. Finally, Strategy Asset Managers LLC raised its stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 274.6% during the 3rd quarter. Strategy Asset Managers LLC now owns 20,804 shares of the company’s stock valued at $1,084,000 after acquiring an additional 15,251 shares during the last quarter.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Trading Up 1.1 %

NYSEARCA RSPD opened at $54.38 on Friday. The business’s 50 day moving average is $54.21 and its two-hundred day moving average is $52.74. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 12-month low of $44.67 and a 12-month high of $56.51. The stock has a market capitalization of $467.12 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.