Focus Financial Network Inc. Reduces Stock Position in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS)

Focus Financial Network Inc. reduced its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) by 13.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 21,055 shares of the company’s stock after selling 3,223 shares during the period. Focus Financial Network Inc.’s holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF were worth $634,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Creative Planning raised its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 7.0% in the third quarter. Creative Planning now owns 9,618 shares of the company’s stock valued at $311,000 after acquiring an additional 626 shares in the last quarter. Blackston Financial Advisory Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF in the 3rd quarter worth about $485,000. Quantinno Capital Management LP raised its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 26.8% in the 3rd quarter. Quantinno Capital Management LP now owns 15,110 shares of the company’s stock valued at $489,000 after purchasing an additional 3,191 shares in the last quarter. U.S. Capital Wealth Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF during the fourth quarter worth about $466,000. Finally, Stifel Financial Corp lifted its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 3.4% during the third quarter. Stifel Financial Corp now owns 25,840 shares of the company’s stock worth $836,000 after purchasing an additional 851 shares during the last quarter.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Down 0.5 %

Shares of Invesco S&P 500 Equal Weight Consumer Staples ETF stock opened at $29.26 on Thursday. The business has a 50-day moving average price of $30.05 and a 200 day moving average price of $31.14. Invesco S&P 500 Equal Weight Consumer Staples ETF has a fifty-two week low of $28.81 and a fifty-two week high of $33.05. The firm has a market cap of $393.25 million, a P/E ratio of 16.20 and a beta of 0.71.

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.