Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) Shares Down 0% – Here’s Why

Shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) were down 0% during mid-day trading on Monday . The stock traded as low as $54.16 and last traded at $54.40. Approximately 30,315 shares traded hands during trading, a decline of 43% from the average daily volume of 52,762 shares. The stock had previously closed at $54.42.

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

The company has a 50 day simple moving average of $54.64 and a 200-day simple moving average of $56.44. The stock has a market cap of $273.87 million, a P/E ratio of 17.03 and a beta of 1.10.

Institutional Investors Weigh In On Invesco S&P 500 Equal Weight Consumer Discretionary ETF

Several hedge funds have recently added to or reduced their stakes in the company. Lido Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 7.7% during the first quarter. Lido Advisors LLC now owns 11,007 shares of the company’s stock worth $589,000 after purchasing an additional 784 shares during the last quarter. IMC Chicago LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 1st quarter valued at about $480,000. Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 5.8% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 871,842 shares of the company’s stock valued at $46,668,000 after acquiring an additional 47,490 shares during the last quarter. Fifth Third Bancorp bought a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 1st quarter valued at about $26,000. Finally, Walker Asset Management LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 6.2% in the 1st quarter. Walker Asset Management LLC now owns 21,842 shares of the company’s stock valued at $1,169,000 after acquiring an additional 1,278 shares during the last quarter.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Company Profile

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.