Sunbeam Capital Management LLC Buys New Stake in Invesco S&P 500 Equal Weight Consumer Staples ETF $RSPS

Sunbeam Capital Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,423 shares of the company’s stock, valued at approximately $661,000. Sunbeam Capital Management LLC owned approximately 0.27% of Invesco S&P 500 Equal Weight Consumer Staples ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Redstone Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF in the fourth quarter worth about $678,000. Consolidated Capital Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF during the 4th quarter worth about $1,737,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 34,542.2% during the 4th 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 period. Clearstead Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF during the 4th quarter valued at about $946,000. Finally, Friedenthal Financial grew its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 3.7% during the 4th quarter. Friedenthal Financial now owns 55,026 shares of the company’s stock valued at $1,597,000 after acquiring an additional 1,962 shares during the period.

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

Shares of Invesco S&P 500 Equal Weight Consumer Staples ETF stock opened at $29.82 on Monday. The firm has a market cap of $246.61 million, a PE ratio of 17.33 and a beta of 0.43. Invesco S&P 500 Equal Weight Consumer Staples ETF has a twelve month low of $28.21 and a twelve month high of $33.37. The business has a 50-day moving average price of $29.78 and a 200 day moving average price of $30.28.

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.