Royal Fund Management LLC Trims Stock Position in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS)

Royal Fund Management LLC trimmed its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) by 53.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,685 shares of the company’s stock after selling 19,033 shares during the period. Royal Fund Management LLC owned about 0.12% of Invesco S&P 500 Equal Weight Consumer Staples ETF worth $502,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of RSPS. SignalPoint Asset Management LLC grew its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 0.8% during the 3rd quarter. SignalPoint Asset Management LLC now owns 47,031 shares of the company’s stock valued at $1,527,000 after buying an additional 353 shares during the last quarter. Creative Planning lifted its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 7.0% in the third quarter. Creative Planning now owns 9,618 shares of the company’s stock valued at $311,000 after acquiring an additional 626 shares in the last quarter. Weaver Capital Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 1.0% during the third quarter. Weaver Capital Management LLC now owns 74,404 shares of the company’s stock valued at $2,408,000 after acquiring an additional 754 shares during the last quarter. Stifel Financial Corp increased its position in Invesco S&P 500 Equal Weight Consumer Staples ETF by 3.4% during the 3rd quarter. Stifel Financial Corp now owns 25,840 shares of the company’s stock worth $836,000 after purchasing an additional 851 shares in the last quarter. Finally, Yoder Wealth Management Inc. raised its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 3.2% in the 3rd quarter. Yoder Wealth Management Inc. now owns 27,799 shares of the company’s stock valued at $900,000 after purchasing an additional 859 shares during the last quarter.

Invesco S&P 500 Equal Weight Consumer Staples ETF Trading Up 0.2 %

NYSEARCA:RSPS opened at $29.48 on Wednesday. The firm has a market cap of $396.21 million, a price-to-earnings ratio of 16.20 and a beta of 0.71. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 12-month low of $28.92 and a 12-month high of $33.05. The company’s 50-day moving average is $30.63 and its two-hundred day moving average is $31.30.

Invesco S&P 500 Equal Weight Consumer Staples ETF 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.