International Assets Investment Management LLC Invests $64,000 in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

International Assets Investment Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 1,107 shares of the company’s stock, valued at approximately $64,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Advisory Alpha LLC grew its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 4.0% during the 1st quarter. Advisory Alpha LLC now owns 8,218 shares of the company’s stock worth $465,000 after acquiring an additional 318 shares in the last quarter. First Horizon Advisors Inc. bought a new stake in Invesco S&P 500 Equal Weight Utilities ETF during the 4th quarter worth about $28,000. RFP Financial Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF during the 1st quarter worth about $52,000. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF by 2.1% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 90,101 shares of the company’s stock valued at $5,099,000 after acquiring an additional 1,826 shares in the last quarter. Finally, National Bank of Canada FI acquired a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF in the fourth quarter valued at about $143,000.

Invesco S&P 500 Equal Weight Utilities ETF Stock Performance

Shares of NYSEARCA RSPU opened at $65.41 on Thursday. The stock has a market capitalization of $287.80 million, a PE ratio of 17.76 and a beta of 0.69. Invesco S&P 500 Equal Weight Utilities ETF has a 52 week low of $47.27 and a 52 week high of $65.81. The stock has a 50 day moving average price of $61.43 and a 200 day moving average price of $58.69.

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.