NewEdge Advisors LLC decreased its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU – Free Report) by 74.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 23,890 shares of the company’s stock after selling 68,244 shares during the quarter. NewEdge Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Utilities ETF were worth $1,938,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds also recently modified their holdings of the stock. Bank of America Corp DE lifted its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 2.6% during the 1st quarter. Bank of America Corp DE now owns 426,932 shares of the company’s stock valued at $34,628,000 after acquiring an additional 10,829 shares during the period. Arete Wealth Advisors LLC bought a new position in Invesco S&P 500 Equal Weight Utilities ETF during the first quarter worth $2,968,000. Liberty One Investment Management LLC grew its holdings in Invesco S&P 500 Equal Weight Utilities ETF by 6.9% in the first quarter. Liberty One Investment Management LLC now owns 29,104 shares of the company’s stock worth $2,361,000 after purchasing an additional 1,885 shares during the period. Lido Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight Utilities ETF by 5.5% in the first quarter. Lido Advisors LLC now owns 5,374 shares of the company’s stock worth $436,000 after purchasing an additional 278 shares during the period. Finally, Cetera Investment Advisers grew its holdings in Invesco S&P 500 Equal Weight Utilities ETF by 10.9% in the first quarter. Cetera Investment Advisers now owns 21,992 shares of the company’s stock worth $1,784,000 after purchasing an additional 2,157 shares during the period.
Invesco S&P 500 Equal Weight Utilities ETF Trading Down 0.8%
RSPU opened at $78.89 on Friday. The company has a fifty day moving average price of $80.24 and a two-hundred day moving average price of $80.14. Invesco S&P 500 Equal Weight Utilities ETF has a 1-year low of $72.51 and a 1-year high of $84.52. The company has a market cap of $538.82 million, a P/E ratio of 18.42 and a beta of 0.57.
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.
Featured Articles
- Five stocks we like better than Invesco S&P 500 Equal Weight Utilities ETF
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
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).
Receive News & Ratings for Invesco S&P 500 Equal Weight Utilities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Utilities ETF and related companies with MarketBeat.com's FREE daily email newsletter.
