Harel Insurance Investments & Financial Services Ltd. Cuts Stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD)

Harel Insurance Investments & Financial Services Ltd. lessened its holdings in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) by 74.6% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 507,341 shares of the company’s stock after selling 1,492,430 shares during the period. Harel Insurance Investments & Financial Services Ltd. owned approximately 12.75% of Invesco S&P 500 Equal Weight Consumer Discretionary ETF worth $25,316,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. US Bancorp DE lifted its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 554.3% during the 4th quarter. US Bancorp DE now owns 903 shares of the company’s stock worth $48,000 after purchasing an additional 765 shares during the last quarter. Smartleaf Asset Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 4th quarter valued at $200,000. Jones Financial Companies Lllp grew its holdings in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 248.4% during the fourth quarter. Jones Financial Companies Lllp now owns 1,676 shares of the company’s stock worth $90,000 after purchasing an additional 1,195 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the fourth quarter worth approximately $13,859,000. Finally, Independent Advisor Alliance acquired a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 4th quarter worth approximately $1,238,000.

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

Shares of NYSEARCA RSPD opened at $55.22 on Friday. The firm’s 50-day moving average is $51.59 and its two-hundred day moving average is $51.90. The company has a market capitalization of $218.67 million, a PE ratio of 17.03 and a beta of 1.21. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 12-month low of $43.47 and a 12-month high of $56.51.

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.