Farther Finance Advisors LLC Purchases Shares of 600 Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

Farther Finance Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 600 shares of the company’s stock, valued at approximately $41,000.

A number of other large investors have also recently made changes to their positions in RSPU. Raymond James Financial Services Advisors Inc. boosted its holdings in Invesco S&P 500 Equal Weight Utilities ETF by 156.4% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 231,032 shares of the company’s stock worth $13,407,000 after buying an additional 140,931 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in Invesco S&P 500 Equal Weight Utilities ETF during the 3rd quarter valued at approximately $6,775,000. Atria Wealth Solutions Inc. lifted its holdings in Invesco S&P 500 Equal Weight Utilities ETF by 17.1% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 185,377 shares of the company’s stock worth $10,758,000 after purchasing an additional 27,108 shares in the last quarter. Jackson Wealth Management LLC boosted its stake in Invesco S&P 500 Equal Weight Utilities ETF by 98.0% in the 3rd quarter. Jackson Wealth Management LLC now owns 31,895 shares of the company’s stock worth $2,191,000 after purchasing an additional 15,787 shares during the period. Finally, Foundations Investment Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF during the second quarter valued at approximately $758,000.

Invesco S&P 500 Equal Weight Utilities ETF Stock Performance

Shares of NYSEARCA:RSPU opened at $67.31 on Friday. The firm has a market cap of $296.16 million, a price-to-earnings ratio of 17.76 and a beta of 0.69. The firm has a fifty day moving average price of $67.58 and a 200 day moving average price of $63.11. Invesco S&P 500 Equal Weight Utilities ETF has a fifty-two week low of $51.02 and a fifty-two week high of $69.87.

Invesco S&P 500 Equal Weight Utilities ETF 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.