Affiance Financial LLC Cuts Stock Position in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS)

Affiance Financial LLC trimmed its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) by 31.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 164,763 shares of the company’s stock after selling 76,520 shares during the period. Invesco S&P 500 Equal Weight Consumer Staples ETF makes up about 1.5% of Affiance Financial LLC’s portfolio, making the stock its 13th biggest position. Affiance Financial LLC owned about 0.76% of Invesco S&P 500 Equal Weight Consumer Staples ETF worth $5,426,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of RSPS. Certified Advisory Corp bought a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF during the 4th quarter valued at $11,051,000. Cambridge Investment Research Advisors Inc. bought a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF during the 4th quarter valued at $5,507,000. Private Wealth Group LLC bought a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF during the 4th quarter valued at $5,445,000. Stifel Financial Corp purchased a new position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF in the 4th quarter valued at $4,898,000. Finally, Royal Fund Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 14.1% in the 1st quarter. Royal Fund Management LLC now owns 105,706 shares of the company’s stock valued at $3,482,000 after acquiring an additional 13,072 shares during the period.

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

RSPS stock traded down $0.16 on Thursday, hitting $30.75. 2,064 shares of the company’s stock were exchanged, compared to its average volume of 78,347. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 12-month low of $28.28 and a 12-month high of $34.41. The firm has a 50 day moving average price of $31.74 and a two-hundred day moving average price of $31.62. The stock has a market cap of $413.28 million, a P/E ratio of 16.20 and a beta of 0.71.

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.