Advisory Alpha LLC Boosts Position in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

Advisory Alpha LLC boosted its position in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) by 7.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,470 shares of the company’s stock after purchasing an additional 691 shares during the period. Advisory Alpha LLC owned about 0.22% of Invesco S&P 500 Equal Weight Utilities ETF worth $622,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Liberty One Investment Management LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF by 0.5% in the fourth quarter. Liberty One Investment Management LLC now owns 39,593 shares of the company’s stock worth $2,602,000 after buying an additional 213 shares during the last quarter. HighTower Advisors LLC raised its position in Invesco S&P 500 Equal Weight Utilities ETF by 9.4% in the third quarter. HighTower Advisors LLC now owns 5,687 shares of the company’s stock worth $389,000 after acquiring an additional 487 shares during the period. Farther Finance Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF during the 3rd quarter worth $41,000. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF during the 3rd quarter valued at $41,000. Finally, Friedenthal Financial increased its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 1.7% in the 3rd quarter. Friedenthal Financial now owns 40,104 shares of the company’s stock worth $2,755,000 after purchasing an additional 679 shares in the last quarter.

Invesco S&P 500 Equal Weight Utilities ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight Utilities ETF stock opened at $67.16 on Thursday. The stock’s fifty day moving average is $67.58 and its 200 day moving average is $65.94. Invesco S&P 500 Equal Weight Utilities ETF has a one year low of $51.02 and a one year high of $71.77. The stock has a market cap of $295.50 million, a P/E ratio of 17.76 and a beta of 0.69.

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.