Arete Wealth Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 36,646 shares of the company’s stock, valued at approximately $2,968,000.
Several other hedge funds also recently modified their holdings of RSPU. Advisory Alpha LLC increased its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 1.5% in the fourth quarter. Advisory Alpha LLC now owns 10,721 shares of the company’s stock valued at $802,000 after acquiring an additional 159 shares during the last quarter. Stifel Financial Corp boosted its position in Invesco S&P 500 Equal Weight Utilities ETF by 0.6% during the fourth quarter. Stifel Financial Corp now owns 25,894 shares of the company’s stock valued at $1,936,000 after purchasing an additional 159 shares during the last quarter. Joseph P. Lucia & Associates LLC boosted its position in Invesco S&P 500 Equal Weight Utilities ETF by 2.4% during the fourth quarter. Joseph P. Lucia & Associates LLC now owns 7,172 shares of the company’s stock valued at $536,000 after purchasing an additional 167 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in Invesco S&P 500 Equal Weight Utilities ETF by 0.9% during the first quarter. Geneos Wealth Management Inc. now owns 19,617 shares of the company’s stock valued at $1,591,000 after purchasing an additional 167 shares during the last quarter. Finally, American Trust grew its stake in Invesco S&P 500 Equal Weight Utilities ETF by 1.4% in the third quarter. American Trust now owns 14,315 shares of the company’s stock valued at $1,097,000 after purchasing an additional 191 shares in the last quarter.
Invesco S&P 500 Equal Weight Utilities ETF Stock Down 0.8%
NYSEARCA:RSPU opened at $78.89 on Friday. The firm has a market capitalization of $538.82 million, a price-to-earnings ratio of 18.42 and a beta of 0.57. Invesco S&P 500 Equal Weight Utilities ETF has a twelve month low of $72.51 and a twelve month high of $84.52. The stock’s 50 day moving average price is $80.24 and its two-hundred day moving average price is $80.14.
Invesco S&P 500 Equal Weight Utilities ETF Profile
The Invesco S&P 500 Equal Weight Utilities ETF (RSPU) is an exchange-traded fund that mostly invests in utilities equity. The fund tracks an equal-weighted index of S&P 500 utilities companies. RSPU was launched on Nov 1, 2006 and is managed by Invesco.
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