Northwestern Mutual Wealth Management Co. Raises Stake in Invesco S&P 500 Equal Weight Consumer Staples ETF $RSPS

Northwestern Mutual Wealth Management Co. increased its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) by 34,542.2% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 922,175 shares of the company’s stock after buying an additional 919,513 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 11.29% of Invesco S&P 500 Equal Weight Consumer Staples ETF worth $26,771,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in RSPS. Jones Financial Companies Lllp boosted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 106.3% in the 1st quarter. Jones Financial Companies Lllp now owns 7,127 shares of the company’s stock worth $220,000 after buying an additional 3,673 shares during the last quarter. Creative Planning raised its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 22.5% in the 2nd quarter. Creative Planning now owns 11,786 shares of the company’s stock valued at $353,000 after acquiring an additional 2,166 shares during the period. JPMorgan Chase & Co. raised its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 87.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 78,929 shares of the company’s stock valued at $2,366,000 after acquiring an additional 36,742 shares during the period. Bank of America Corp DE raised its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 0.5% in the 2nd quarter. Bank of America Corp DE now owns 241,328 shares of the company’s stock valued at $7,233,000 after acquiring an additional 1,164 shares during the period. Finally, Tower Research Capital LLC TRC raised its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 57.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 18,253 shares of the company’s stock valued at $547,000 after acquiring an additional 6,679 shares during the period.

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

Shares of Invesco S&P 500 Equal Weight Consumer Staples ETF stock opened at $29.97 on Wednesday. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 52-week low of $28.21 and a 52-week high of $33.37. The stock’s 50-day simple moving average is $29.73 and its 200 day simple moving average is $30.10. The stock has a market capitalization of $247.85 million, a P/E ratio of 17.33 and a beta of 0.43.

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.