Main Street Group LTD Trims Holdings in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

Main Street Group LTD lessened its stake in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) by 28.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 452 shares of the company’s stock after selling 178 shares during the period. Main Street Group LTD’s holdings in Invesco S&P 500 Equal Weight Utilities ETF were worth $30,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in RSPU. Larson Financial Group LLC grew its holdings in Invesco S&P 500 Equal Weight Utilities ETF by 78.6% during the 4th quarter. Larson Financial Group LLC now owns 518 shares of the company’s stock worth $34,000 after acquiring an additional 228 shares in the last quarter. Anchor Investment Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 26.9% in the 4th quarter. Anchor Investment Management LLC now owns 713 shares of the company’s stock valued at $47,000 after purchasing an additional 151 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 42.0% during the fourth quarter. Farther Finance Advisors LLC now owns 852 shares of the company’s stock worth $56,000 after purchasing an additional 252 shares during the last quarter. Principal Securities Inc. grew its stake in Invesco S&P 500 Equal Weight Utilities ETF by 257.2% in the fourth quarter. Principal Securities Inc. now owns 993 shares of the company’s stock worth $65,000 after purchasing an additional 715 shares in the last quarter. Finally, Tower Research Capital LLC TRC acquired a new position in Invesco S&P 500 Equal Weight Utilities ETF in the fourth quarter worth about $173,000.

Invesco S&P 500 Equal Weight Utilities ETF Stock Down 0.1%

Shares of Invesco S&P 500 Equal Weight Utilities ETF stock opened at $70.23 on Wednesday. The business has a 50-day moving average price of $68.68 and a 200 day moving average price of $68.05. Invesco S&P 500 Equal Weight Utilities ETF has a fifty-two week low of $57.60 and a fifty-two week high of $71.77. The firm has a market cap of $434.72 million, a P/E ratio of 19.26 and a beta of 0.58.

Invesco S&P 500 Equal Weight Utilities ETF Company 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.