Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) Shares Down 0.4% – What’s Next?

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) was down 0.4% during trading on Tuesday . The company traded as low as $55.70 and last traded at $56.00. Approximately 79,474 shares were traded during trading, an increase of 41% from the average daily volume of 56,431 shares. The stock had previously closed at $56.24.

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

The firm’s 50 day moving average is $54.90 and its 200 day moving average is $56.41. The company has a market capitalization of $282.24 million, a PE ratio of 17.03 and a beta of 1.10.

Institutional Trading of Invesco S&P 500 Equal Weight Consumer Discretionary ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RSPD. Lido Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 7.7% in the 1st quarter. Lido Advisors LLC now owns 11,007 shares of the company’s stock worth $589,000 after purchasing an additional 784 shares during the period. IMC Chicago LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 1st quarter worth approximately $480,000. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 5.8% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 871,842 shares of the company’s stock worth $46,668,000 after acquiring an additional 47,490 shares during the last quarter. Fifth Third Bancorp purchased a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 1st quarter valued at about $26,000. Finally, Walker Asset Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 6.2% during the first quarter. Walker Asset Management LLC now owns 21,842 shares of the company’s stock valued at $1,169,000 after buying an additional 1,278 shares during the last quarter.

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.