Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) Stock Price Up 0.4% – Time to Buy?

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPDGet Free Report) shares traded up 0.4% during trading on Wednesday . The company traded as high as $58.17 and last traded at $58.05. 18,760 shares traded hands during trading, a decline of 61% from the average session volume of 48,138 shares. The stock had previously closed at $57.79.

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

The company has a market cap of $224.07 million, a P/E ratio of 17.03 and a beta of 1.21. The stock has a fifty day moving average price of $56.25 and a two-hundred day moving average price of $56.12.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Consumer Discretionary ETF

A number of hedge funds have recently bought and sold shares of the company. Asset Dedication LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 3rd quarter worth $26,000. Newbridge Financial Services Group Inc. purchased a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the third quarter worth about $29,000. CX Institutional grew its position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 2,799.0% in the 3rd quarter. CX Institutional now owns 2,899 shares of the company’s stock worth $167,000 after purchasing an additional 2,799 shares in the last quarter. Lion Street Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 3rd quarter valued at about $170,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 3rd quarter valued at about $185,000.

About Invesco S&P 500 Equal Weight Consumer Discretionary ETF

(Get Free Report)

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.

Further Reading

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