Fortune Financial Advisors LLC Sells 1,126 Shares of Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS)

Fortune Financial Advisors LLC reduced its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) by 11.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,848 shares of the company’s stock after selling 1,126 shares during the quarter. Fortune Financial Advisors LLC owned approximately 0.07% of Invesco S&P 500 Equal Weight Consumer Staples ETF worth $286,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF during the second quarter valued at approximately $92,000. PNC Financial Services Group Inc. purchased a new position in Invesco S&P 500 Equal Weight Consumer Staples ETF during the fourth quarter valued at $264,000. Creative Planning boosted its holdings 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 valued at $311,000 after buying an additional 626 shares in the last quarter. Harbour Investments Inc. grew its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 8.7% in the 2nd quarter. Harbour Investments Inc. now owns 13,054 shares of the company’s stock worth $400,000 after buying an additional 1,041 shares during the period. Finally, Blackston Financial Advisory Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF in the 3rd quarter worth about $485,000.

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

NYSEARCA:RSPS opened at $31.47 on Friday. The firm has a market capitalization of $422.94 million, a P/E ratio of 16.20 and a beta of 0.71. Invesco S&P 500 Equal Weight Consumer Staples ETF has a one year low of $28.53 and a one year high of $33.05. The company’s 50-day simple moving average is $32.14 and its 200 day simple moving average is $31.68.

Invesco S&P 500 Equal Weight Consumer Staples ETF Company 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.