Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCD) Stock Price Up 0.1%

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCD) rose 0.1% during trading on Tuesday . The company traded as high as $47.34 and last traded at $47.24. Approximately 36,579 shares traded hands during trading, a decline of 24% from the average daily volume of 48,146 shares. The stock had previously closed at $47.17.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Down 0.1 %

The stock has a market cap of $383.26 million, a price-to-earnings ratio of 16.70 and a beta of 1.36. The company’s 50-day simple moving average is $49.57 and its 200-day simple moving average is $53.74.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Consumer Discretionary ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RCD. Financial Gravity Asset Management Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 364.5% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 641 shares of the company’s stock valued at $83,000 after buying an additional 503 shares during the period. Glenmede Trust Co. NA boosted its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 200.0% during the 3rd quarter. Glenmede Trust Co. NA now owns 1,350 shares of the company’s stock valued at $175,000 after buying an additional 900 shares during the period. Scotia Capital Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 289.7% during the 3rd quarter. Scotia Capital Inc. now owns 18,248 shares of the company’s stock valued at $2,364,000 after buying an additional 13,565 shares during the period. GTS Securities LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 3rd quarter valued at $3,887,000. Finally, Lido Advisors LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 421.5% during the 3rd quarter. Lido Advisors LLC now owns 41,404 shares of the company’s stock valued at $5,364,000 after buying an additional 33,465 shares during the period.

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.