Walker Asset Management LLC Trims Stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD)

Walker Asset Management LLC lessened its holdings in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) by 1.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,041 shares of the company’s stock after selling 405 shares during the quarter. Invesco S&P 500 Equal Weight Consumer Discretionary ETF comprises 0.7% of Walker Asset Management LLC’s investment portfolio, making the stock its 27th largest position. Walker Asset Management LLC owned about 0.26% of Invesco S&P 500 Equal Weight Consumer Discretionary ETF worth $1,149,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 2nd quarter worth $29,000. Blue Trust Inc. raised its position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 134.4% during the third quarter. Blue Trust Inc. now owns 689 shares of the company’s stock valued at $33,000 after purchasing an additional 395 shares in the last quarter. Cetera Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the first quarter worth about $295,000. Janney Montgomery Scott LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 36.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 6,340 shares of the company’s stock worth $323,000 after purchasing an additional 1,690 shares in the last quarter. Finally, Joseph P. Lucia & Associates LLC increased its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 2.2% during the 1st quarter. Joseph P. Lucia & Associates LLC now owns 26,146 shares of the company’s stock valued at $1,334,000 after purchasing an additional 575 shares during the last quarter.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Up 0.3 %

Shares of NYSEARCA:RSPD traded up $0.16 during midday trading on Thursday, hitting $51.71. 6,535 shares of the stock traded hands, compared to its average volume of 55,334. The business’s 50 day moving average is $50.47 and its two-hundred day moving average is $48.74. The stock has a market capitalization of $444.19 million, a PE ratio of 16.50 and a beta of 1.37. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a one year low of $38.41 and a one year high of $53.23.

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.