Invesco S&P 500 Equal Weight Consumer Staples ETF $RSPS Stake Lowered by Focus Financial Network Inc.

Focus Financial Network Inc. cut its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) by 2.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,617 shares of the company’s stock after selling 414 shares during the quarter. Focus Financial Network Inc. owned approximately 0.20% of Invesco S&P 500 Equal Weight Consumer Staples ETF worth $498,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Costello Asset Management INC bought a new position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF during the first quarter valued at approximately $36,000. Avalon Trust Co bought a new position in Invesco S&P 500 Equal Weight Consumer Staples ETF in the 1st quarter worth approximately $59,000. CX Institutional grew its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 579.4% in the 1st quarter. CX Institutional now owns 3,193 shares of the company’s stock worth $98,000 after buying an additional 2,723 shares in the last quarter. Silver Oak Securities Incorporated acquired a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF in the first quarter worth approximately $139,000. Finally, Kirtland Hills Capital Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF in the first quarter worth approximately $203,000.

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

Shares of NYSEARCA:RSPS opened at $29.56 on Friday. Invesco S&P 500 Equal Weight Consumer Staples ETF has a one year low of $28.40 and a one year high of $32.69. The stock has a fifty day moving average of $30.46 and a 200-day moving average of $30.29. The company has a market capitalization of $250.37 million, a PE 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.