HighTower Advisors LLC Purchases 487 Shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

HighTower Advisors LLC increased its position in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) by 9.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 5,687 shares of the company’s stock after buying an additional 487 shares during the period. HighTower Advisors LLC owned about 0.13% of Invesco S&P 500 Equal Weight Utilities ETF worth $389,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. WESPAC Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight Utilities ETF by 25.7% in the 3rd quarter. WESPAC Advisors LLC now owns 6,826 shares of the company’s stock worth $469,000 after purchasing an additional 1,397 shares during the period. Studio Investment Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 18.1% during the third quarter. Studio Investment Management LLC now owns 26,716 shares of the company’s stock worth $1,835,000 after acquiring an additional 4,087 shares during the last quarter. Planning Directions Inc. purchased a new position in Invesco S&P 500 Equal Weight Utilities ETF during the third quarter valued at $205,000. Financial Services Advisory Inc bought a new stake in Invesco S&P 500 Equal Weight Utilities ETF in the 3rd quarter valued at $1,622,000. Finally, Farther Finance Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight Utilities ETF in the 3rd quarter worth $41,000.

Invesco S&P 500 Equal Weight Utilities ETF Stock Up 1.5 %

Shares of Invesco S&P 500 Equal Weight Utilities ETF stock opened at $66.23 on Monday. Invesco S&P 500 Equal Weight Utilities ETF has a twelve month low of $51.02 and a twelve month high of $71.77. The business has a 50-day moving average price of $68.37 and a 200-day moving average price of $64.77. The firm has a market cap of $291.41 million, a price-to-earnings 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.