Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) Position Reduced by Delos Wealth Advisors LLC

Delos Wealth Advisors LLC reduced its position in shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) by 13.5% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,296 shares of the company’s stock after selling 830 shares during the quarter. Delos Wealth Advisors LLC owned about 0.12% of Invesco S&P 500 Equal Weight Utilities ETF worth $307,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of RSPU. RFP Financial Group LLC bought a new position in Invesco S&P 500 Equal Weight Utilities ETF during the first quarter valued at about $52,000. International Assets Investment Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF during the 2nd quarter valued at about $64,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF in the 4th quarter worth approximately $232,000. Advisory Alpha LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF by 4.0% in the 1st quarter. Advisory Alpha LLC now owns 8,218 shares of the company’s stock worth $465,000 after purchasing an additional 318 shares in the last quarter. Finally, Cetera Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF in the 1st quarter worth approximately $577,000.

Invesco S&P 500 Equal Weight Utilities ETF Stock Performance

Shares of NYSEARCA:RSPU opened at $67.87 on Friday. The stock has a market capitalization of $298.63 million, a price-to-earnings ratio of 17.76 and a beta of 0.69. Invesco S&P 500 Equal Weight Utilities ETF has a 1-year low of $47.27 and a 1-year high of $67.91. The company has a 50 day moving average price of $63.43 and a 200 day moving average price of $59.82.

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.