Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) Stock Price Up 0.4%

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS)’s stock price shot up 0.4% during mid-day trading on Monday . The company traded as high as $32.25 and last traded at $32.25. 34,022 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 71,436 shares. The stock had previously closed at $32.12.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Up 0.4 %

The firm has a market capitalization of $433.46 million, a price-to-earnings ratio of 17.31 and a beta of 0.70. The business’s fifty day moving average is $37.39 and its 200 day moving average is $40.59.

Institutional Trading of Invesco S&P 500 Equal Weight Consumer Staples ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. CWM LLC lifted its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 400.0% in the third quarter. CWM LLC now owns 1,130 shares of the company’s stock valued at $188,000 after buying an additional 904 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in Invesco S&P 500 Equal Weight Consumer Staples ETF by 305.5% during the third quarter. Commonwealth Equity Services LLC now owns 178,921 shares of the company’s stock worth $29,783,000 after purchasing an additional 134,797 shares during the period. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 293.0% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 191,824 shares of the company’s stock valued at $31,931,000 after purchasing an additional 143,013 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 288.6% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 29,309 shares of the company’s stock valued at $4,879,000 after purchasing an additional 21,766 shares during the period. Finally, Fortune Financial Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 362.3% during the 3rd quarter. Fortune Financial Advisors LLC now owns 11,413 shares of the company’s stock worth $1,900,000 after buying an additional 8,944 shares during the last quarter.

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

Rydex S&P Equal Weight Consumer Staples ETF (the Fund) seeks replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Staples (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Staples Index that consists of the common stocks of industries, such as food and drug retailing, beverages, food products, tobacco, household products and personal products that comprise the consumer staples sector of the S&P 500 Index.