Joseph Group Capital Management Has $2.95 Million Position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD)

Joseph Group Capital Management increased its holdings in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) by 11.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 55,270 shares of the company’s stock after purchasing an additional 5,830 shares during the period. Invesco S&P 500 Equal Weight Consumer Discretionary ETF makes up approximately 1.2% of Joseph Group Capital Management’s holdings, making the stock its 26th largest position. Joseph Group Capital Management’s holdings in Invesco S&P 500 Equal Weight Consumer Discretionary ETF were worth $2,953,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. US Bancorp DE boosted its stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 554.3% during the fourth quarter. US Bancorp DE now owns 903 shares of the company’s stock worth $48,000 after buying an additional 765 shares in the last quarter. Jones Financial Companies Lllp increased its stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 248.4% in the fourth quarter. Jones Financial Companies Lllp now owns 1,676 shares of the company’s stock valued at $90,000 after acquiring an additional 1,195 shares during the period. Global Retirement Partners LLC acquired a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the fourth quarter worth about $143,000. JPMorgan Chase & Co. lifted its stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 123.4% during the third quarter. JPMorgan Chase & Co. now owns 3,063 shares of the company’s stock worth $160,000 after purchasing an additional 1,692 shares during the period. Finally, Smartleaf Asset Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the fourth quarter valued at approximately $200,000.

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

Shares of RSPD opened at $49.53 on Friday. The stock has a market cap of $284.80 million, a PE ratio of 17.61 and a beta of 1.40. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 1 year low of $44.67 and a 1 year high of $56.51. The stock has a 50 day simple moving average of $53.28 and a 200-day simple moving average of $53.12.

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

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

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.