Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) is Adams Wealth Management’s 5th Largest Position

Adams Wealth Management lifted its position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) by 6.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 300,698 shares of the company’s stock after buying an additional 17,408 shares during the period. Invesco S&P 500 Equal Weight Consumer Discretionary ETF makes up about 3.1% of Adams Wealth Management’s investment portfolio, making the stock its 5th biggest position. Adams Wealth Management owned approximately 3.50% of Invesco S&P 500 Equal Weight Consumer Discretionary ETF worth $16,066,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. grew its position 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 valued at $160,000 after buying an additional 1,692 shares during the period. Worth Asset Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 4th quarter valued at $312,000. Davis Investment Partners LLC increased its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 1.7% in the 4th quarter. Davis Investment Partners LLC now owns 27,831 shares of the company’s stock worth $1,459,000 after purchasing an additional 470 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 561.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 25,601 shares of the company’s stock worth $1,368,000 after purchasing an additional 21,732 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 6.4% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,999,771 shares of the company’s stock valued at $106,848,000 after purchasing an additional 120,869 shares in the last quarter.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Performance

NYSEARCA:RSPD opened at $46.70 on Friday. The stock has a 50-day simple moving average of $50.89 and a two-hundred day simple moving average of $52.70. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 52-week low of $43.47 and a 52-week high of $56.51. The firm has a market capitalization of $182.60 million, a PE ratio of 16.24 and a beta of 1.28.

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

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.