Redmont Wealth Advisors LLC Purchases Shares of 10,000 Invesco S&P 500 Equal Weight Consumer Discretionary ETF $RSPD

Redmont Wealth Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 10,000 shares of the company’s stock, valued at approximately $577,000. Redmont Wealth Advisors LLC owned 0.26% of Invesco S&P 500 Equal Weight Consumer Discretionary ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. CX Institutional increased its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 2,799.0% during the third quarter. CX Institutional now owns 2,899 shares of the company’s stock valued at $167,000 after buying an additional 2,799 shares during the period. Envestnet Portfolio Solutions Inc. bought a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the third quarter valued at $262,000. Live Oak Investment Partners purchased a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 3rd quarter valued at $275,000. Quantinno Capital Management LP bought a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 2nd quarter worth $358,000. Finally, BNP Paribas Financial Markets bought a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 2nd quarter worth $532,000.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Trading Up 0.9%

Shares of RSPD opened at $59.62 on Thursday. The firm’s 50-day moving average price is $58.60 and its 200-day moving average price is $57.42. The firm has a market capitalization of $230.13 million, a price-to-earnings ratio of 17.03 and a beta of 1.21. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 1-year low of $43.47 and a 1-year high of $60.34.

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.