Northwestern Mutual Wealth Management Co. Buys 919,513 Shares of Invesco S&P 500 Equal Weight Consumer Staples ETF $RSPS

Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) by 34,542.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 922,175 shares of the company’s stock after acquiring an additional 919,513 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.11% of Invesco S&P 500 Equal Weight Consumer Staples ETF worth $26,771,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Allworth Financial LP increased its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 4.2% during the fourth quarter. Allworth Financial LP now owns 7,946 shares of the company’s stock valued at $231,000 after buying an additional 322 shares during the period. Friedenthal Financial increased its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 3.7% during the fourth quarter. Friedenthal Financial now owns 55,026 shares of the company’s stock valued at $1,597,000 after buying an additional 1,962 shares during the period. CWM LLC increased its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 302.1% during the fourth quarter. CWM LLC now owns 3,518 shares of the company’s stock valued at $102,000 after buying an additional 2,643 shares during the period. Farther Finance Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 1.0% during the fourth quarter. Farther Finance Advisors LLC now owns 45,922 shares of the company’s stock valued at $1,333,000 after buying an additional 460 shares during the period. Finally, Carnegie Investment Counsel bought a new stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF during the fourth quarter valued at about $246,000.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Down 0.2%

Shares of RSPS opened at $29.97 on Wednesday. The business’s 50-day moving average price is $29.73 and its 200-day moving average price is $30.10. 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 stock has a market cap of $247.85 million, a PE ratio of 17.33 and a beta of 0.43.

Invesco S&P 500 Equal Weight Consumer Staples ETF Company 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.