Kovack Advisors Inc. Acquires Shares of 11,465 Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS)

Kovack Advisors Inc. bought a new position in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 11,465 shares of the company’s stock, valued at approximately $360,000. Kovack Advisors Inc. owned approximately 0.05% of Invesco S&P 500 Equal Weight Consumer Staples ETF at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. McClarren Financial Advisors Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF during the fourth quarter valued at approximately $30,000. Capital Investment Advisory Services LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF during the fourth quarter valued at $30,000. Stone House Investment Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF during the fourth quarter worth about $36,000. CWM LLC bought a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF in the 4th quarter valued at about $43,000. Finally, Legend Financial Advisors Inc. acquired a new position in Invesco S&P 500 Equal Weight Consumer Staples ETF during the 4th quarter valued at about $68,000.

Invesco S&P 500 Equal Weight Consumer Staples ETF Trading Up 0.5 %

NYSEARCA RSPS opened at $32.27 on Tuesday. The company has a 50-day moving average price of $32.02 and a two-hundred day moving average price of $31.05. The stock has a market cap of $437.26 million, a price-to-earnings ratio of 17.31 and a beta of 0.70. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 52 week low of $28.28 and a 52 week high of $35.43.

About Invesco S&P 500 Equal Weight Consumer Staples ETF

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.