Private Wealth Group LLC Sells 72,948 Shares of Invesco S&P 500 Equal Weight Consumer Staples ETF $RSPS

Private Wealth Group LLC reduced its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) by 83.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 14,118 shares of the company’s stock after selling 72,948 shares during the period. Private Wealth Group LLC’s holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF were worth $410,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in RSPS. CIBC Private Wealth Group LLC increased its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 41.0% during the third quarter. CIBC Private Wealth Group LLC now owns 4,935 shares of the company’s stock worth $144,000 after acquiring an additional 1,435 shares in the last quarter. Advisory Services Network LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF in the 3rd quarter valued at about $144,000. Citadel Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF in the third quarter valued at about $1,070,000. Bank of America Corp DE boosted its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 4.3% during the third quarter. Bank of America Corp DE now owns 251,611 shares of the company’s stock worth $7,353,000 after buying an additional 10,283 shares during the period. Finally, Two Sigma Investments LP bought a new position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF during the third quarter worth about $2,022,000.

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

NYSEARCA RSPS opened at $29.14 on Wednesday. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 52 week low of $28.21 and a 52 week high of $33.37. The stock’s 50 day moving average price is $31.51 and its two-hundred day moving average price is $30.08. The stock has a market capitalization of $238.07 million, a price-to-earnings ratio of 17.33 and a beta of 0.49.

About Invesco S&P 500 Equal Weight Consumer Staples ETF

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.