Advisory Services Network LLC Acquires 947 Shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCD)

Advisory Services Network LLC raised its stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCD) by 23.7% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 4,945 shares of the company’s stock after buying an additional 947 shares during the quarter. Advisory Services Network LLC owned approximately 0.58% of Invesco S&P 500 Equal Weight Consumer Discretionary ETF worth $514,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of RCD. Sowell Financial Services LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the fourth quarter valued at $494,000. Financial Gravity Wealth Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the first quarter valued at $1,630,000. Wilbanks Smith & Thomas Asset Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the first quarter valued at $4,879,000. Lido Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the first quarter valued at $1,037,000. Finally, Joseph P. Lucia & Associates LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the first quarter valued at $7,661,000.

Shares of RCD traded up $1.69 during trading hours on Friday, reaching $106.81. 1,731 shares of the company’s stock traded hands, compared to its average volume of 11,764. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a twelve month low of $84.82 and a twelve month high of $109.40. The stock has a fifty day simple moving average of $103.08.

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.

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCD)

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