Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) Shares Down 0.7%

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) dropped 0.7% during mid-day trading on Monday . The company traded as low as $30.39 and last traded at $30.39. Approximately 57,935 shares traded hands during mid-day trading, a decline of 19% from the average daily volume of 71,436 shares. The stock had previously closed at $30.61.

Invesco S&P 500 Equal Weight Consumer Staples ETF Trading Down 0.7 %

The firm’s 50 day simple moving average is $37.12 and its 200 day simple moving average is $39.24. The firm has a market cap of $404.49 million, a PE ratio of 16.47 and a beta of 0.70.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Ameriprise Financial Inc. increased its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 442.5% during the third quarter. Ameriprise Financial Inc. now owns 339,932 shares of the company’s stock worth $56,585,000 after acquiring an additional 277,270 shares during the last quarter. Lido Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 692.7% in the 3rd quarter. Lido Advisors LLC now owns 40,404 shares of the company’s stock worth $6,726,000 after purchasing an additional 35,307 shares during the period. Qube Research & Technologies Ltd increased its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 20,684.2% during the 3rd quarter. Qube Research & Technologies Ltd now owns 15,796 shares of the company’s stock valued at $2,629,000 after purchasing an additional 15,720 shares during the last quarter. Harbour Investments Inc. raised its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 415.3% during the 3rd quarter. Harbour Investments Inc. now owns 11,708 shares of the company’s stock valued at $1,949,000 after buying an additional 9,436 shares during the period. Finally, Riggs Asset Managment Co. Inc. lifted its position in Invesco S&P 500 Equal Weight Consumer Staples ETF by 400.0% in the third quarter. Riggs Asset Managment Co. Inc. now owns 500 shares of the company’s stock worth $83,000 after buying an additional 400 shares during the last quarter.

About Invesco S&P 500 Equal Weight Consumer Staples ETF

Rydex S&P Equal Weight Consumer Staples ETF (the Fund) seeks replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Staples (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Staples Index that consists of the common stocks of industries, such as food and drug retailing, beverages, food products, tobacco, household products and personal products that comprise the consumer staples sector of the S&P 500 Index.