Victory Financial Group LLC Invests $1.11 Million in Invesco S&P 500 Equal Weight Utilities ETF $RSPU

Victory Financial Group LLC acquired a new stake in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 14,858 shares of the company’s stock, valued at approximately $1,111,000. Victory Financial Group LLC owned about 0.22% of Invesco S&P 500 Equal Weight Utilities ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Allworth Financial LP increased its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 235.1% in the third quarter. Allworth Financial LP now owns 955 shares of the company’s stock worth $73,000 after buying an additional 670 shares during the period. First Heartland Consultants Inc. bought a new stake in Invesco S&P 500 Equal Weight Utilities ETF during the 3rd quarter valued at $204,000. Truist Financial Corp purchased a new stake in Invesco S&P 500 Equal Weight Utilities ETF during the 3rd quarter valued at $229,000. Perigon Wealth Management LLC purchased a new stake in Invesco S&P 500 Equal Weight Utilities ETF during the 3rd quarter valued at $231,000. Finally, Money Concepts Capital Corp grew its holdings in Invesco S&P 500 Equal Weight Utilities ETF by 43.0% in the 3rd quarter. Money Concepts Capital Corp now owns 4,289 shares of the company’s stock worth $329,000 after acquiring an additional 1,290 shares during the last quarter.

Invesco S&P 500 Equal Weight Utilities ETF Trading Up 0.2%

RSPU stock opened at $81.11 on Wednesday. The firm’s 50-day moving average price is $80.23 and its two-hundred day moving average price is $77.85. Invesco S&P 500 Equal Weight Utilities ETF has a 12-month low of $62.64 and a 12-month high of $84.52. The stock has a market capitalization of $533.70 million, a price-to-earnings ratio of 18.42 and a beta of 0.61.

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.