Focus Financial Network Inc. Reduces Position in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS)

Focus Financial Network Inc. trimmed its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) by 12.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,278 shares of the company’s stock after selling 3,601 shares during the quarter. Focus Financial Network Inc. owned about 0.18% of Invesco S&P 500 Equal Weight Consumer Staples ETF worth $786,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ameritas Advisory Services LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 3.0% in the second quarter. Ameritas Advisory Services LLC now owns 211,059 shares of the company’s stock valued at $6,461,000 after purchasing an additional 6,246 shares during the period. Affiance Financial LLC grew its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 3.7% in the 3rd quarter. Affiance Financial LLC now owns 166,834 shares of the company’s stock valued at $5,400,000 after buying an additional 5,974 shares during the period. Cetera Investment Advisers increased its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 1,703.4% during the 1st quarter. Cetera Investment Advisers now owns 130,262 shares of the company’s stock worth $4,290,000 after buying an additional 123,039 shares during the last quarter. Royal Fund Management LLC raised its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 3.8% during the 2nd quarter. Royal Fund Management LLC now owns 109,767 shares of the company’s stock valued at $3,370,000 after buying an additional 4,061 shares during the period. Finally, Csenge Advisory Group lifted its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 7.7% in the second quarter. Csenge Advisory Group now owns 75,000 shares of the company’s stock valued at $2,296,000 after acquiring an additional 5,332 shares during the last quarter.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight Consumer Staples ETF stock opened at $30.96 on Friday. The stock has a 50 day moving average of $32.03 and a 200 day moving average of $31.67. The firm has a market capitalization of $416.14 million, a price-to-earnings ratio of 16.20 and a beta of 0.71. Invesco S&P 500 Equal Weight Consumer Staples ETF has a fifty-two week low of $29.04 and a fifty-two week high of $33.05.

Invesco S&P 500 Equal Weight Consumer Staples ETF Profile

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.