Joseph Group Capital Management Purchases 7,902 Shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD)

Joseph Group Capital Management boosted its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) by 19.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 49,440 shares of the company’s stock after buying an additional 7,902 shares during the period. Joseph Group Capital Management owned approximately 0.58% of Invesco S&P 500 Equal Weight Consumer Discretionary ETF worth $2,576,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 2nd quarter valued at approximately $29,000. Blue Trust Inc. raised its position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 134.4% during the third quarter. Blue Trust Inc. now owns 689 shares of the company’s stock valued at $33,000 after purchasing an additional 395 shares during the period. Cetera Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the first quarter valued at approximately $295,000. Janney Montgomery Scott LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 36.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 6,340 shares of the company’s stock valued at $323,000 after purchasing an additional 1,690 shares during the last quarter. Finally, Friedenthal Financial boosted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 1.5% in the 3rd quarter. Friedenthal Financial now owns 26,258 shares of the company’s stock worth $1,368,000 after purchasing an additional 384 shares during the period.

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

NYSEARCA:RSPD opened at $53.25 on Tuesday. The firm has a market capitalization of $457.42 million, a PE ratio of 16.50 and a beta of 1.37. The stock’s fifty day moving average is $51.77 and its 200 day moving average is $49.34. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a fifty-two week low of $42.45 and a fifty-two week high of $54.34.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Company Profile

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.