Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) Hits New 52-Week Low at $29.86

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) reached a new 52-week low during trading on Monday . The company traded as low as $29.86 and last traded at $29.98, with a volume of 58620 shares traded. The stock had previously closed at $30.00.

Invesco S&P 500 Equal Weight Consumer Staples ETF Trading Down 0.1 %

The stock has a fifty day moving average of $32.52 and a two-hundred day moving average of $84.46. The stock has a market capitalization of $649.36 million, a price-to-earnings ratio of 19.12 and a beta of 0.59.

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

A number of institutional investors have recently modified their holdings of RHS. Creative Planning lifted its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 381.1% during the third quarter. Creative Planning now owns 9,020 shares of the company’s stock valued at $1,501,000 after acquiring an additional 7,145 shares during the period. Harbour Investments Inc. lifted its position in Invesco S&P 500 Equal Weight Consumer Staples ETF by 415.3% during the 3rd quarter. Harbour Investments Inc. now owns 11,708 shares of the company’s stock valued at $1,949,000 after purchasing an additional 9,436 shares during the period. Morgan Stanley boosted its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 244.4% in the 3rd quarter. Morgan Stanley now owns 1,025,030 shares of the company’s stock valued at $170,626,000 after purchasing an additional 727,409 shares during the last quarter. Riggs Asset Managment Co. Inc. grew its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 400.0% during the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 500 shares of the company’s stock worth $83,000 after buying an additional 400 shares during the period. Finally, Lido Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 692.7% during the 3rd quarter. Lido Advisors LLC now owns 40,404 shares of the company’s stock worth $6,726,000 after buying an additional 35,307 shares during the period.

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

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.