Truist Financial Corp Invests $230,000 in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

Truist Financial Corp bought a new position in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 3,506 shares of the company’s stock, valued at approximately $230,000. Truist Financial Corp owned approximately 0.08% of Invesco S&P 500 Equal Weight Utilities ETF as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of RSPU. Farther Finance Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF in the third quarter worth about $41,000. Principal Securities Inc. grew its stake in Invesco S&P 500 Equal Weight Utilities ETF by 257.2% during the fourth quarter. Principal Securities Inc. now owns 993 shares of the company’s stock valued at $65,000 after acquiring an additional 715 shares in 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 approximately $205,000. HighTower Advisors LLC grew its stake in Invesco S&P 500 Equal Weight Utilities ETF by 9.4% during the third quarter. HighTower Advisors LLC now owns 5,687 shares of the company’s stock valued at $389,000 after acquiring an additional 487 shares in the last quarter. Finally, WESPAC Advisors LLC grew its stake in Invesco S&P 500 Equal Weight Utilities ETF by 25.7% during the third quarter. WESPAC Advisors LLC now owns 6,826 shares of the company’s stock valued at $469,000 after acquiring an additional 1,397 shares in the last quarter.

Invesco S&P 500 Equal Weight Utilities ETF Trading Down 1.9 %

Shares of NYSEARCA:RSPU opened at $66.59 on Friday. The company has a 50 day moving average of $67.39 and a 200 day moving average of $67.41. The stock has a market cap of $360.25 million, a P/E ratio of 20.46 and a beta of 0.63. Invesco S&P 500 Equal Weight Utilities ETF has a 12 month low of $53.78 and a 12 month high of $71.77.

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.