Commonwealth Equity Services LLC Boosts Stock Holdings in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

Commonwealth Equity Services LLC boosted its stake in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) by 5.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,774 shares of the company’s stock after purchasing an additional 947 shares during the quarter. Commonwealth Equity Services LLC owned about 0.43% of Invesco S&P 500 Equal Weight Utilities ETF worth $1,234,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Larson Financial Group LLC lifted its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 78.6% in the fourth quarter. Larson Financial Group LLC now owns 518 shares of the company’s stock worth $34,000 after buying an additional 228 shares in the last quarter. Farther Finance Advisors LLC increased its stake in Invesco S&P 500 Equal Weight Utilities ETF by 42.0% in the 4th quarter. Farther Finance Advisors LLC now owns 852 shares of the company’s stock worth $56,000 after acquiring an additional 252 shares during the last quarter. Principal Securities Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF by 257.2% during the 4th quarter. Principal Securities Inc. now owns 993 shares of the company’s stock worth $65,000 after acquiring an additional 715 shares in the last quarter. Truist Financial Corp bought a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF during the 4th quarter valued at approximately $230,000. Finally, Jones Financial Companies Lllp boosted its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 126.2% during the 4th quarter. Jones Financial Companies Lllp now owns 3,594 shares of the company’s stock valued at $236,000 after acquiring an additional 2,005 shares during the last quarter.

Invesco S&P 500 Equal Weight Utilities ETF Stock Performance

Shares of RSPU opened at $68.91 on Monday. The stock has a market capitalization of $383.83 million, a PE ratio of 19.64 and a beta of 0.63. The company’s fifty day moving average is $68.27 and its 200 day moving average is $67.89. Invesco S&P 500 Equal Weight Utilities ETF has a fifty-two week low of $53.78 and a fifty-two week high of $71.77.

Invesco S&P 500 Equal Weight Utilities ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a $0.4636 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.