Global Retirement Partners LLC grew its holdings in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU – Free Report) by 11,612.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,622 shares of the company’s stock after acquiring an additional 5,574 shares during the period. Global Retirement Partners LLC’s holdings in Invesco S&P 500 Equal Weight Utilities ETF were worth $370,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Farther Finance Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight Utilities ETF in the third quarter valued at about $41,000. Principal Securities Inc. boosted its holdings in 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 purchasing an additional 715 shares in the last quarter. Planning Directions Inc. bought a new stake in Invesco S&P 500 Equal Weight Utilities ETF in the third quarter valued at $205,000. Truist Financial Corp bought a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF in the 4th quarter worth about $230,000. Finally, Financial Advocates Investment Management bought a new stake in Invesco S&P 500 Equal Weight Utilities ETF during the third quarter worth about $237,000.
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 twelve month low of $52.33 and a twelve month high of $71.77. The firm has a market cap of $306.20 million, a PE ratio of 17.76 and a beta of 0.69. The business has a fifty day moving average of $66.95 and a 200-day moving average of $67.15.
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.
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Want to see what other hedge funds are holding RSPU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU – Free Report).
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