Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) Shares Purchased by Jones Financial Companies Lllp

Jones Financial Companies Lllp increased its position in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) by 126.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,594 shares of the company’s stock after acquiring an additional 2,005 shares during the period. Jones Financial Companies Lllp owned approximately 0.08% of Invesco S&P 500 Equal Weight Utilities ETF worth $236,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in RSPU. Farther Finance Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight Utilities ETF in the 3rd quarter worth $41,000. Planning Directions Inc. purchased a new position in Invesco S&P 500 Equal Weight Utilities ETF in the 3rd quarter worth $205,000. Studio Investment Management LLC raised its stake in Invesco S&P 500 Equal Weight Utilities ETF by 18.1% in the 3rd 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. WESPAC Advisors LLC raised 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 acquiring an additional 1,397 shares during the last quarter. Finally, HighTower Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 9.4% during the 3rd quarter. HighTower Advisors LLC now owns 5,687 shares of the company’s stock valued at $389,000 after buying an additional 487 shares during the last quarter.

Invesco S&P 500 Equal Weight Utilities ETF Stock Performance

NYSEARCA RSPU opened at $67.89 on Friday. The stock has a 50-day simple moving average of $67.59 and a two-hundred day simple moving average of $67.54. The firm has a market capitalization of $367.28 million, a P/E ratio of 20.46 and a beta of 0.63. 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.

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.