Sanctuary Wealth Management L.L.C. Sells 275 Shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

Sanctuary Wealth Management L.L.C. lowered its position in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) by 9.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,739 shares of the company’s stock after selling 275 shares during the quarter. Sanctuary Wealth Management L.L.C. owned approximately 0.06% of Invesco S&P 500 Equal Weight Utilities ETF worth $180,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of RSPU. LPL Financial LLC lifted its stake in Invesco S&P 500 Equal Weight Utilities ETF by 4.3% in the 4th quarter. LPL Financial LLC now owns 380,543 shares of the company’s stock valued at $25,013,000 after purchasing an additional 15,673 shares during the last quarter. Montis Financial LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF in the fourth quarter valued at approximately $480,000. Commonwealth Equity Services LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 5.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 18,774 shares of the company’s stock worth $1,234,000 after acquiring an additional 947 shares during the period. Farther Finance Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF by 42.0% during the 4th quarter. Farther Finance Advisors LLC now owns 852 shares of the company’s stock worth $56,000 after acquiring an additional 252 shares during the last quarter. Finally, Larson Financial Group LLC raised its stake in Invesco S&P 500 Equal Weight Utilities ETF by 78.6% in the 4th quarter. Larson Financial Group LLC now owns 518 shares of the company’s stock valued at $34,000 after acquiring an additional 228 shares during the period.

Invesco S&P 500 Equal Weight Utilities ETF Price Performance

RSPU stock opened at $68.91 on Friday. Invesco S&P 500 Equal Weight Utilities ETF has a one year low of $53.78 and a one year high of $71.77. The stock has a market cap of $383.83 million, a price-to-earnings ratio of 19.64 and a beta of 0.63. The company has a fifty day moving average price of $68.27 and a two-hundred day moving average price of $67.88.

Invesco S&P 500 Equal Weight Utilities ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a $0.4636 dividend. The ex-dividend date of this dividend was Monday, March 24th.

About Invesco S&P 500 Equal Weight Utilities ETF

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.