Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCD) Reaches New 52-Week Low at $50.09

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCD) shares hit a new 52-week low during trading on Tuesday . The company traded as low as $50.09 and last traded at $50.11, with a volume of 50702 shares traded. The stock had previously closed at $50.02.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Up 0.2 %

The firm has a 50 day moving average price of $54.92 and a 200-day moving average price of $50.92. The stock has a market capitalization of $572.44 million, a PE ratio of 20.79 and a beta of 1.32.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of RCD. Phoenix Holdings Ltd. boosted its position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 200.0% in the 3rd quarter. Phoenix Holdings Ltd. now owns 3,996,300 shares of the company’s stock valued at $517,721,000 after buying an additional 2,664,200 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 200.0% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,100,000 shares of the company’s stock valued at $272,055,000 after acquiring an additional 1,400,000 shares during the last quarter. Richard Bernstein Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the third quarter worth $114,257,000. Goldman Sachs Group Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 0.5% in the first quarter. Goldman Sachs Group Inc. now owns 362,179 shares of the company’s stock valued at $49,039,000 after acquiring an additional 1,979 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 74.6% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 187,573 shares of the company’s stock valued at $24,300,000 after buying an additional 80,157 shares in the last quarter.

About Invesco S&P 500 Equal Weight Consumer Discretionary ETF

Guggenheim S&P 500 Equal Weight Consumer Discretionary ETF (the Fund), formerly Rydex S&P Equal Weight Consumer Discretionary ETF, seeks to replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Discretionary (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Discretionary Index that consists of the common stocks of industries, such as automobiles and components, consumer durables, apparel, hotels, restaurants, leisure, media and retailing that comprise the consumer discretionary sector of the S&P 500 Index.