SignalPoint Asset Management LLC Trims Stock Position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD)

SignalPoint Asset Management LLC lessened its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) by 7.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 57,727 shares of the company’s stock after selling 4,834 shares during the quarter. Invesco S&P 500 Equal Weight Consumer Discretionary ETF comprises approximately 0.8% of SignalPoint Asset Management LLC’s portfolio, making the stock its 26th largest position. SignalPoint Asset Management LLC owned about 0.67% of Invesco S&P 500 Equal Weight Consumer Discretionary ETF worth $3,084,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. NewEdge Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 2nd quarter valued at approximately $4,214,000. Madison Park Capital Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 3rd quarter valued at approximately $4,157,000. Sanctuary Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 2nd quarter valued at approximately $3,418,000. CacheTech Inc. increased its holdings in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 8.5% in the 3rd quarter. CacheTech Inc. now owns 283,290 shares of the company’s stock valued at $14,762,000 after purchasing an additional 22,138 shares during the last quarter. Finally, Strategy Asset Managers LLC increased its holdings in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 274.6% in the 3rd quarter. Strategy Asset Managers LLC now owns 20,804 shares of the company’s stock valued at $1,084,000 after purchasing an additional 15,251 shares during the last quarter.

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

Invesco S&P 500 Equal Weight Consumer Discretionary ETF stock opened at $53.38 on Thursday. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a fifty-two week low of $44.67 and a fifty-two week high of $56.51. The firm has a 50 day moving average price of $54.18 and a 200 day moving average price of $51.21. The company has a market capitalization of $458.53 million, a PE ratio of 16.50 and a beta of 1.37.

About Invesco S&P 500 Equal Weight Consumer Discretionary ETF

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.