Envestnet Asset Management Inc. Buys 83,658 Shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD)

Envestnet Asset Management Inc. lifted its position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) by 386.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 105,294 shares of the company’s stock after buying an additional 83,658 shares during the quarter. Envestnet Asset Management Inc. owned about 1.23% of Invesco S&P 500 Equal Weight Consumer Discretionary ETF worth $5,626,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 123.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,063 shares of the company’s stock worth $160,000 after purchasing an additional 1,692 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 561.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 25,601 shares of the company’s stock worth $1,368,000 after buying an additional 21,732 shares during the period. Jones Financial Companies Lllp increased its stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 248.4% in the fourth quarter. Jones Financial Companies Lllp now owns 1,676 shares of the company’s stock valued at $90,000 after purchasing an additional 1,195 shares in the last quarter. Strategic Financial Concepts LLC bought a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the fourth quarter worth about $571,000. Finally, US Bancorp DE grew its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 554.3% in the 4th quarter. US Bancorp DE now owns 903 shares of the company’s stock valued at $48,000 after purchasing an additional 765 shares during the period.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Down 1.7 %

Shares of RSPD opened at $45.92 on Tuesday. The company has a 50 day moving average of $50.57 and a 200-day moving average of $52.64. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a twelve month low of $43.47 and a twelve month high of $56.51. The stock has a market capitalization of $179.55 million, a P/E ratio of 16.24 and a beta of 1.28.

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.