Focus Financial Network Inc. Cuts Stock Holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS)

Focus Financial Network Inc. lowered its position in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) by 12.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,278 shares of the company’s stock after selling 3,601 shares during the period. Focus Financial Network Inc.’s holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF were worth $786,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Cetera Investment Advisers raised its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 1,703.4% during the 1st quarter. Cetera Investment Advisers now owns 130,262 shares of the company’s stock worth $4,290,000 after buying an additional 123,039 shares in the last quarter. Blackston Financial Advisory Group LLC acquired a new position in Invesco S&P 500 Equal Weight Consumer Staples ETF during the third quarter worth $485,000. Csenge Advisory Group raised its position in Invesco S&P 500 Equal Weight Consumer Staples ETF by 12.0% in the first quarter. Csenge Advisory Group now owns 69,668 shares of the company’s stock worth $2,294,000 after acquiring an additional 7,488 shares in the last quarter. Ameritas Advisory Services LLC lifted its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 3.0% in the second quarter. Ameritas Advisory Services LLC now owns 211,059 shares of the company’s stock valued at $6,461,000 after acquiring an additional 6,246 shares during the period. Finally, Affiance Financial LLC boosted its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 3.7% during the 3rd quarter. Affiance Financial LLC now owns 166,834 shares of the company’s stock worth $5,400,000 after purchasing an additional 5,974 shares in the last quarter.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Up 0.2 %

NYSEARCA:RSPS opened at $30.96 on Friday. Invesco S&P 500 Equal Weight Consumer Staples ETF has a fifty-two week low of $29.04 and a fifty-two week high of $33.05. The firm’s fifty day simple moving average is $32.03 and its 200-day simple moving average is $31.67. The stock has a market cap of $416.14 million, a PE ratio of 16.20 and a beta of 0.71.

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.