Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) Shares Bought by Joseph Group Capital Management

Joseph Group Capital Management grew its holdings in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) by 11.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 55,270 shares of the company’s stock after purchasing an additional 5,830 shares during the quarter. Invesco S&P 500 Equal Weight Consumer Discretionary ETF makes up about 1.2% of Joseph Group Capital Management’s investment portfolio, making the stock its 26th biggest position. Joseph Group Capital Management owned 0.64% of Invesco S&P 500 Equal Weight Consumer Discretionary ETF worth $2,953,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in RSPD. Strategy Asset Managers LLC boosted its stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 6.1% in the 4th quarter. Strategy Asset Managers LLC now owns 22,063 shares of the company’s stock worth $1,179,000 after buying an additional 1,259 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 1,611.0% in the fourth quarter. JPMorgan Chase & Co. now owns 52,409 shares of the company’s stock worth $2,800,000 after acquiring an additional 49,346 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 0.7% in the fourth quarter. HighTower Advisors LLC now owns 159,007 shares of the company’s stock worth $8,496,000 after acquiring an additional 1,086 shares during the last quarter. Independent Advisor Alliance purchased a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the fourth quarter valued at approximately $1,238,000. Finally, Raymond James Financial Inc. acquired a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the fourth quarter worth approximately $13,859,000.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Down 3.0 %

NYSEARCA:RSPD opened at $49.53 on Friday. The company has a market cap of $284.80 million, a P/E ratio of 17.61 and a beta of 1.40. The firm’s 50 day moving average is $53.28 and its two-hundred day moving average is $53.12. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a fifty-two week low of $44.67 and a fifty-two week high of $56.51.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a dividend of $0.181 per share. The ex-dividend date was Monday, March 24th. This is an increase from Invesco S&P 500 Equal Weight Consumer Discretionary ETF’s previous dividend of $0.10.

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.