Farther Finance Advisors LLC Acquires 252 Shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

Farther Finance Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) by 42.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 852 shares of the company’s stock after purchasing an additional 252 shares during the quarter. Farther Finance Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Utilities ETF were worth $56,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in Invesco S&P 500 Equal Weight Utilities ETF in the fourth quarter worth $7,001,000. MFA Wealth Services acquired a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF in the fourth quarter worth about $1,408,000. Global Retirement Partners LLC lifted its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 11,612.5% in the fourth quarter. Global Retirement Partners LLC now owns 5,622 shares of the company’s stock worth $370,000 after buying an additional 5,574 shares during the last quarter. Stifel Financial Corp boosted its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 20.2% during the 3rd quarter. Stifel Financial Corp now owns 22,734 shares of the company’s stock worth $1,562,000 after acquiring an additional 3,823 shares in the last quarter. Finally, Truist Financial Corp acquired a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF during the 4th quarter valued at about $230,000.

Invesco S&P 500 Equal Weight Utilities ETF Stock Down 0.7 %

Shares of RSPU stock opened at $69.42 on Friday. Invesco S&P 500 Equal Weight Utilities ETF has a 12 month low of $53.78 and a 12 month high of $71.77. The company has a market cap of $386.67 million, a PE ratio of 19.64 and a beta of 0.63. The business’s 50 day moving average is $68.04 and its two-hundred day moving average is $67.76.

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.