RM Financial Services LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 41,193 shares of the company’s stock, valued at approximately $3,080,000. Invesco S&P 500 Equal Weight Utilities ETF accounts for 2.7% of RM Financial Services LLC’s portfolio, making the stock its 10th largest holding. RM Financial Services LLC owned approximately 0.63% of Invesco S&P 500 Equal Weight Utilities ETF at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Dakota Wealth Management lifted its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 0.4% during the fourth quarter. Dakota Wealth Management now owns 32,593 shares of the company’s stock worth $2,437,000 after purchasing an additional 136 shares in the last quarter. Advisory Alpha LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 1.5% during the fourth quarter. Advisory Alpha LLC now owns 10,721 shares of the company’s stock worth $802,000 after purchasing an additional 159 shares in the last quarter. Joseph P. Lucia & Associates LLC lifted its stake in shares of 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 worth $536,000 after purchasing an additional 167 shares in the last quarter. American Trust lifted its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 1.4% during the third quarter. American Trust now owns 14,315 shares of the company’s stock worth $1,097,000 after purchasing an additional 191 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 1.1% during the second quarter. Geneos Wealth Management Inc. now owns 18,200 shares of the company’s stock worth $1,294,000 after purchasing an additional 204 shares in the last quarter.
Invesco S&P 500 Equal Weight Utilities ETF Price Performance
Shares of RSPU opened at $78.61 on Thursday. The stock’s 50-day moving average is $80.21 and its two-hundred day moving average is $78.80. The stock has a market cap of $561.28 million, a PE ratio of 18.42 and a beta of 0.58. Invesco S&P 500 Equal Weight Utilities ETF has a 12 month low of $69.73 and a 12 month high of $84.52.
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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