Raymond James Financial Inc. Makes New Investment in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS)

Raymond James Financial Inc. bought a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 27,762 shares of the company’s stock, valued at approximately $836,000. Raymond James Financial Inc. owned about 0.21% of Invesco S&P 500 Equal Weight Consumer Staples ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Private Wealth Group LLC grew its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 0.3% in the 4th quarter. Private Wealth Group LLC now owns 148,988 shares of the company’s stock worth $4,485,000 after buying an additional 386 shares in the last quarter. Csenge Advisory Group grew its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 4.4% in the fourth quarter. Csenge Advisory Group now owns 78,573 shares of the company’s stock worth $2,365,000 after purchasing an additional 3,309 shares in the last quarter. Truist Financial Corp grew its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 9.1% in the fourth quarter. Truist Financial Corp now owns 57,325 shares of the company’s stock worth $1,725,000 after purchasing an additional 4,762 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 213.9% during the third quarter. Jane Street Group LLC now owns 38,719 shares of the company’s stock valued at $1,253,000 after purchasing an additional 26,384 shares during the period. Finally, Yoder Wealth Management Inc. raised its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 5.9% during the fourth quarter. Yoder Wealth Management Inc. now owns 29,429 shares of the company’s stock valued at $886,000 after purchasing an additional 1,630 shares in the last quarter.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Down 3.7 %

RSPS stock opened at $29.70 on Friday. The company has a market capitalization of $263.74 million, a P/E ratio of 19.70 and a beta of 0.57. The company has a 50-day simple moving average of $30.10 and a 200 day simple moving average of $30.72. 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 $32.89.

Invesco S&P 500 Equal Weight Consumer Staples ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a $0.1991 dividend. The ex-dividend date was Monday, March 24th.

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.