Joseph Group Capital Management Has $2 Million Holdings in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD)

Joseph Group Capital Management grew its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) by 12.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 41,538 shares of the company’s stock after purchasing an additional 4,544 shares during the quarter. Joseph Group Capital Management owned about 0.48% of Invesco S&P 500 Equal Weight Consumer Discretionary ETF worth $1,995,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RSPD. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the fourth quarter worth $379,000. Orion Portfolio Solutions LLC acquired a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 4th quarter worth about $1,509,000. Advisory Services Network LLC bought a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 4th quarter worth about $749,000. Connable Office Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 4th quarter valued at about $1,572,000. Finally, Scotia Capital Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 4th quarter valued at about $820,000.

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

NYSEARCA RSPD opened at $50.98 on Friday. The stock has a market capitalization of $437.92 million, a P/E ratio of 16.50 and a beta of 1.37. The business has a 50 day simple moving average of $48.43 and a 200 day simple moving average of $48.39. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a one year low of $38.41 and a one year high of $51.29.

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.