Private Wealth Group LLC Trims Stock Position in Invesco S&P 500 Equal Weight Consumer Staples ETF $RSPS

Private Wealth Group LLC trimmed its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) by 39.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 67,772 shares of the company’s stock after selling 44,948 shares during the quarter. Invesco S&P 500 Equal Weight Consumer Staples ETF comprises 1.1% of Private Wealth Group LLC’s investment portfolio, making the stock its 18th biggest holding. Private Wealth Group LLC’s holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF were worth $2,031,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Legend Financial Advisors Inc. acquired a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF during the 2nd quarter worth approximately $33,000. Costello Asset Management INC acquired a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF during the 1st quarter worth approximately $36,000. Avalon Trust Co acquired a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF during the 1st quarter worth approximately $59,000. CX Institutional lifted its position in Invesco S&P 500 Equal Weight Consumer Staples ETF by 579.4% during the 1st quarter. CX Institutional now owns 3,193 shares of the company’s stock worth $98,000 after acquiring an additional 2,723 shares during the period. Finally, Silver Oak Securities Incorporated acquired a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF during the 1st quarter worth approximately $139,000.

Invesco S&P 500 Equal Weight Consumer Staples ETF Trading Up 0.3%

Invesco S&P 500 Equal Weight Consumer Staples ETF stock opened at $29.37 on Friday. Invesco S&P 500 Equal Weight Consumer Staples ETF has a twelve month low of $28.40 and a twelve month high of $32.40. The stock has a 50 day moving average of $30.21 and a two-hundred day moving average of $30.20. The stock has a market capitalization of $241.13 million, a price-to-earnings ratio of 17.33 and a beta of 0.54.

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.