Consolidated Capital Management LLC Takes $1.74 Million Position in Invesco S&P 500 Equal Weight Consumer Staples ETF $RSPS

Consolidated Capital Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 59,836 shares of the company’s stock, valued at approximately $1,737,000. Consolidated Capital Management LLC owned about 0.73% of Invesco S&P 500 Equal Weight Consumer Staples ETF at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 34,542.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 922,175 shares of the company’s stock valued at $26,771,000 after acquiring an additional 919,513 shares during the last quarter. Bank of America Corp DE increased its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 4.3% in the third quarter. Bank of America Corp DE now owns 251,611 shares of the company’s stock valued at $7,353,000 after acquiring an additional 10,283 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 87.1% in the second quarter. JPMorgan Chase & Co. now owns 78,929 shares of the company’s stock valued at $2,366,000 after acquiring an additional 36,742 shares during the last quarter. Two Sigma Investments LP bought a new position in Invesco S&P 500 Equal Weight Consumer Staples ETF in the third quarter valued at approximately $2,022,000. Finally, Truist Financial Corp increased its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 25.2% in the third quarter. Truist Financial Corp now owns 68,383 shares of the company’s stock valued at $1,998,000 after acquiring an additional 13,772 shares during the last quarter.

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

Shares of NYSEARCA:RSPS opened at $29.75 on Friday. The company’s 50 day simple moving average is $29.60 and its 200 day simple moving average is $30.18. The stock has a market capitalization of $246.03 million, a price-to-earnings ratio of 17.33 and a beta of 0.43. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 1 year low of $28.21 and a 1 year high of $33.37.

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.