Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) Shares Bought by Global Retirement Partners LLC

Global Retirement Partners LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) by 11,612.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,622 shares of the company’s stock after purchasing an additional 5,574 shares during the period. Global Retirement Partners LLC owned approximately 0.13% of Invesco S&P 500 Equal Weight Utilities ETF worth $370,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of RSPU. Atria Wealth Solutions Inc. increased its stake in Invesco S&P 500 Equal Weight Utilities ETF by 0.7% during the 4th quarter. Atria Wealth Solutions Inc. now owns 188,559 shares of the company’s stock valued at $12,394,000 after buying an additional 1,378 shares during the period. Truist Financial Corp bought a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF in the fourth quarter valued at approximately $230,000. Principal Securities Inc. increased its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 257.2% during the fourth quarter. Principal Securities Inc. now owns 993 shares of the company’s stock valued at $65,000 after acquiring an additional 715 shares during the period. Jackson Wealth Management LLC raised its holdings in Invesco S&P 500 Equal Weight Utilities ETF by 1.8% during the fourth quarter. Jackson Wealth Management LLC now owns 32,463 shares of the company’s stock worth $2,134,000 after purchasing an additional 568 shares in the last quarter. Finally, Denver Wealth Management Inc. raised its holdings in Invesco S&P 500 Equal Weight Utilities ETF by 6.4% during the fourth quarter. Denver Wealth Management Inc. now owns 14,210 shares of the company’s stock worth $934,000 after purchasing an additional 849 shares in the last quarter.

Invesco S&P 500 Equal Weight Utilities ETF Stock Performance

Shares of NYSEARCA RSPU opened at $69.59 on Tuesday. Invesco S&P 500 Equal Weight Utilities ETF has a 1 year low of $52.33 and a 1 year high of $71.77. The stock has a fifty day moving average price of $66.95 and a two-hundred day moving average price of $67.15. The firm has a market cap of $306.20 million, a P/E ratio of 17.76 and a beta of 0.69.

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.