Truist Financial Corp Increases Position in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS)

Truist Financial Corp grew its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) by 9.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 57,325 shares of the company’s stock after purchasing an additional 4,762 shares during the period. Truist Financial Corp owned approximately 0.43% of Invesco S&P 500 Equal Weight Consumer Staples ETF worth $1,725,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in RSPS. McClarren Financial Advisors Inc. raised its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 2,937.5% during the 4th quarter. McClarren Financial Advisors Inc. now owns 972 shares of the company’s stock valued at $29,000 after buying an additional 940 shares during the period. Allworth Financial LP boosted its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 187.5% in the 4th quarter. Allworth Financial LP now owns 7,471 shares of the company’s stock valued at $218,000 after buying an additional 4,872 shares during the period. Creative Planning lifted its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 7.0% during the 3rd quarter. Creative Planning now owns 9,618 shares of the company’s stock worth $311,000 after purchasing an additional 626 shares during the last quarter. U.S. Capital Wealth Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF during the fourth quarter worth approximately $466,000. Finally, Quantinno Capital Management LP grew its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 26.8% during the 3rd quarter. Quantinno Capital Management LP now owns 15,110 shares of the company’s stock worth $489,000 after buying an additional 3,191 shares during the last quarter.

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

Shares of RSPS opened at $30.43 on Friday. Invesco S&P 500 Equal Weight Consumer Staples ETF has a fifty-two week low of $28.81 and a fifty-two week high of $33.05. The firm has a 50-day simple moving average of $29.72 and a 200-day simple moving average of $31.04. The company has a market capitalization of $408.98 million, a price-to-earnings ratio of 16.20 and a beta of 0.71.

About Invesco S&P 500 Equal Weight Consumer Staples ETF

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.