Royal Fund Management LLC Has $2.51 Million Stock Position in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS)

Royal Fund Management LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) by 22.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,018 shares of the company’s stock after purchasing an additional 2,785 shares during the quarter. Royal Fund Management LLC owned approximately 0.29% of Invesco S&P 500 Equal Weight Consumer Staples ETF worth $2,514,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of RHS. Pacific Sun Financial Corp bought a new stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF during the 2nd quarter worth $3,132,000. Affiance Financial LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 0.9% during the 2nd quarter. Affiance Financial LLC now owns 65,933 shares of the company’s stock worth $11,039,000 after buying an additional 612 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 74.4% during the 1st quarter. Ameriprise Financial Inc. now owns 64,470 shares of the company’s stock worth $10,987,000 after buying an additional 27,502 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 6.8% during the 1st quarter. JPMorgan Chase & Co. now owns 7,380 shares of the company’s stock worth $1,258,000 after buying an additional 472 shares during the period. Finally, Advisory Services Network LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 13.2% during the 1st quarter. Advisory Services Network LLC now owns 9,397 shares of the company’s stock worth $1,601,000 after buying an additional 1,095 shares during the period.

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

Shares of Invesco S&P 500 Equal Weight Consumer Staples ETF stock opened at $31.62 on Tuesday. Invesco S&P 500 Equal Weight Consumer Staples ETF has a fifty-two week low of $153.20 and a fifty-two week high of $178.08. The firm has a fifty day moving average price of $48.97 and a two-hundred day moving average price of $126.95. The company has a market cap of $684.89 million, a PE ratio of 19.12 and a beta of 0.59.

About Invesco S&P 500 Equal Weight Consumer Staples ETF

Rydex S&P Equal Weight Consumer Staples ETF (the Fund) seeks replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Staples (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Staples Index that consists of the common stocks of industries, such as food and drug retailing, beverages, food products, tobacco, household products and personal products that comprise the consumer staples sector of the S&P 500 Index.