29,739 Shares in Invesco S&P 500 Equal Weight Consumer Discretionary ETF $RSPD Bought by Precedent Wealth Partners LLC

Precedent Wealth Partners LLC purchased a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 29,739 shares of the company’s stock, valued at approximately $1,696,000.

Several other institutional investors and hedge funds have also bought and sold shares of RSPD. Asset Dedication LLC acquired a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the third quarter worth about $26,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 3rd quarter valued at approximately $29,000. CX Institutional raised its position in shares of 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 valued at $167,000 after buying an additional 2,799 shares in the last quarter. Lion Street Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 3rd quarter worth approximately $170,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 3rd quarter worth approximately $185,000.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Trading Down 1.8%

NYSEARCA RSPD opened at $53.01 on Friday. The firm’s 50 day simple moving average is $57.97 and its 200 day simple moving average is $57.32. The firm has a market capitalization of $204.62 million, a price-to-earnings ratio of 17.03 and a beta of 1.21. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 1 year low of $43.47 and a 1 year high of $60.34.

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.