United Asset Strategies Inc. Takes $3.15 Million Position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF $RSPD

United Asset Strategies Inc. purchased a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 55,154 shares of the company’s stock, valued at approximately $3,145,000.

Other hedge funds have also made changes to their positions in the company. Asset Dedication LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 3rd quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 3rd quarter valued at approximately $29,000. Sound Income Strategies LLC grew its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 11,840.0% in the 4th quarter. Sound Income Strategies LLC now owns 1,194 shares of the company’s stock valued at $70,000 after buying an additional 1,184 shares during the period. CX Institutional grew its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 2,799.0% in the 3rd quarter. CX Institutional now owns 2,899 shares of the company’s stock valued at $167,000 after buying an additional 2,799 shares during the period. Finally, Lion Street Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 3rd quarter valued at approximately $170,000.

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

Invesco S&P 500 Equal Weight Consumer Discretionary ETF stock opened at $57.09 on Thursday. The firm has a 50 day simple moving average of $56.07 and a 200-day simple moving average of $56.77. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 1-year low of $47.73 and a 1-year high of $60.34. The stock has a market cap of $287.16 million, a price-to-earnings ratio of 17.03 and a beta of 1.18.

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.