Alphastar Capital Management LLC Cuts Stock Holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS)

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Alphastar Capital Management LLC lowered its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) by 12.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,127 shares of the company’s stock after selling 316 shares during the period. Alphastar Capital Management LLC owned approximately 0.07% of Invesco S&P 500 Equal Weight Consumer Staples ETF worth $332,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Qube Research & Technologies Ltd purchased a new position in Invesco S&P 500 Equal Weight Consumer Staples ETF during the second quarter worth approximately $91,000. Raymond James & Associates raised its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 11.2% in the 3rd quarter. Raymond James & Associates now owns 1,504 shares of the company’s stock valued at $232,000 after acquiring an additional 152 shares during the period. Citadel Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 27.5% in the 2nd quarter. Citadel Advisors LLC now owns 1,693 shares of the company’s stock valued at $273,000 after acquiring an additional 365 shares during the period. Private Advisor Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF in the 2nd quarter valued at $326,000. Finally, Allworth Financial LP purchased a new position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF in the 3rd quarter valued at $390,000.

Shares of RHS stock opened at $165.49 on Friday. The company’s fifty day simple moving average is $160.11 and its 200-day simple moving average is $159.63. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 52 week low of $146.90 and a 52 week high of $168.75.

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.

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