Clearstead Advisors LLC Takes $946,000 Position in Invesco S&P 500 Equal Weight Consumer Staples ETF $RSPS

Clearstead Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 32,578 shares of the company’s stock, valued at approximately $946,000.

A number of other hedge funds also recently made changes to their positions in RSPS. Howe & Rusling Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 55.7% in the 3rd quarter. Howe & Rusling Inc. now owns 2,083 shares of the company’s stock valued at $61,000 after purchasing an additional 745 shares in the last quarter. CWM LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 302.1% in the 4th quarter. CWM LLC now owns 3,518 shares of the company’s stock valued at $102,000 after purchasing an additional 2,643 shares in the last quarter. CIBC Private Wealth Group LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 41.0% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 4,935 shares of the company’s stock valued at $144,000 after purchasing 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 approximately $144,000. Finally, Jones Financial Companies Lllp boosted its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 10.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 7,124 shares of the company’s stock valued at $207,000 after purchasing an additional 666 shares in the last quarter.

Invesco S&P 500 Equal Weight Consumer Staples ETF Trading Up 1.2%

RSPS opened at $30.02 on Thursday. The company’s 50 day moving average is $29.62 and its 200-day moving average is $30.17. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 1-year low of $28.21 and a 1-year high of $33.37. The company has a market cap of $248.27 million, a P/E 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.