Redstone Wealth Management LLC Acquires Shares of 23,344 Invesco S&P 500 Equal Weight Consumer Staples ETF $RSPS

Redstone Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 23,344 shares of the company’s stock, valued at approximately $678,000. Invesco S&P 500 Equal Weight Consumer Staples ETF accounts for about 0.5% of Redstone Wealth Management LLC’s investment portfolio, making the stock its 23rd largest holding. Redstone Wealth Management LLC owned approximately 0.29% of Invesco S&P 500 Equal Weight Consumer Staples ETF at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Allworth Financial LP boosted its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 4.2% in the 4th quarter. Allworth Financial LP now owns 7,946 shares of the company’s stock valued at $231,000 after purchasing an additional 322 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 1.0% during the 4th quarter. Farther Finance Advisors LLC now owns 45,922 shares of the company’s stock worth $1,333,000 after acquiring an additional 460 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 10.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 7,124 shares of the company’s stock worth $207,000 after acquiring an additional 666 shares during the period. Howe & Rusling Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 55.7% during the 3rd quarter. Howe & Rusling Inc. now owns 2,083 shares of the company’s stock worth $61,000 after acquiring an additional 745 shares during the period. Finally, Yoder Wealth Management Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 2.7% during the 4th quarter. Yoder Wealth Management Inc. now owns 32,491 shares of the company’s stock worth $943,000 after acquiring an additional 862 shares during the period.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight Consumer Staples ETF stock opened at $30.04 on Monday. The company has a 50 day moving average of $29.65 and a 200-day moving average of $30.14. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 1-year low of $28.21 and a 1-year high of $33.37. The company has a market cap of $248.43 million, a PE ratio of 17.33 and a beta of 0.43.

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.