Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCD) Sets New 1-Year Low at $44.24

Shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCD) hit a new 52-week low on Tuesday . The stock traded as low as $44.24 and last traded at $44.89, with a volume of 23531 shares traded. The stock had previously closed at $44.20.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Up 0.6 %

The business’s 50-day simple moving average is $80.26 and its two-hundred day simple moving average is $111.09. The firm has a market capitalization of $506.58 million, a price-to-earnings ratio of 20.79 and a beta of 1.32.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in RCD. LVZ Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the first quarter worth about $1,173,000. Phoenix Holdings Ltd. acquired a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 4th quarter worth approximately $113,055,000. Mutual Advisors LLC boosted its position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 1.1% in the 1st quarter. Mutual Advisors LLC now owns 7,650 shares of the company’s stock valued at $978,000 after buying an additional 83 shares during the period. Carnegie Capital Asset Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 212.1% in the first quarter. Carnegie Capital Asset Management LLC now owns 10,267 shares of the company’s stock worth $1,313,000 after acquiring an additional 6,977 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 441.0% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 44,336 shares of the company’s stock worth $5,222,000 after acquiring an additional 36,141 shares during the period.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Company Profile

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.