Foundations Investment Advisors LLC Purchases Shares of 13,062 Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

Foundations Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 13,062 shares of the company’s stock, valued at approximately $758,000. Foundations Investment Advisors LLC owned approximately 0.30% of Invesco S&P 500 Equal Weight Utilities ETF at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. RFP Financial Group LLC bought a new stake in Invesco S&P 500 Equal Weight Utilities ETF during the first quarter worth about $52,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF in the 2nd quarter valued at approximately $64,000. National Bank of Canada FI acquired a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF in the 4th quarter valued at approximately $143,000. B. Riley Wealth Advisors Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF in the fourth quarter valued at $232,000. Finally, Truist Financial Corp acquired a new position in Invesco S&P 500 Equal Weight Utilities ETF during the fourth quarter worth $288,000.

Invesco S&P 500 Equal Weight Utilities ETF Trading Down 1.0 %

NYSEARCA RSPU opened at $64.63 on Friday. The firm has a market capitalization of $284.37 million, a P/E ratio of 17.76 and a beta of 0.69. The firm’s fifty day moving average price is $61.71 and its two-hundred day moving average price is $58.78. Invesco S&P 500 Equal Weight Utilities ETF has a 1 year low of $47.27 and a 1 year high of $65.81.

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.