Monument Capital Management Decreases Position in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS)

Monument Capital Management lowered its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) by 37.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,571 shares of the company’s stock after selling 13,111 shares during the quarter. Monument Capital Management’s holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF were worth $710,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Royal Fund Management LLC raised its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 14.1% in the first 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 in the last quarter. PNC Financial Services Group Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF in the 4th quarter valued at $264,000. Vista Investment Management purchased a new stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF during the 4th quarter worth $289,000. TFG Advisers LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF during the 4th quarter worth $683,000. Finally, Laidlaw Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF during the fourth quarter worth $513,000.

Invesco S&P 500 Equal Weight Consumer Staples ETF Trading Down 0.6 %

NYSEARCA:RSPS traded down $0.18 during trading hours on Wednesday, hitting $30.37. The company’s stock had a trading volume of 11,415 shares, compared to its average volume of 78,026. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 52-week low of $28.28 and a 52-week high of $34.41. The stock has a market capitalization of $408.17 million, a P/E ratio of 16.20 and a beta of 0.71. The stock has a fifty day moving average of $31.63 and a 200-day moving average of $31.61.

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.