Allen Capital Group LLC Acquires New Shares in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

Allen Capital Group LLC bought a new position in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) in the 4th quarter, HoldingsChannel reports. The fund bought 4,164 shares of the company’s stock, valued at approximately $227,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RSPU. Dakota Wealth Management acquired a new position in Invesco S&P 500 Equal Weight Utilities ETF during the fourth quarter valued at $5,120,000. Raymond James Financial Services Advisors Inc. acquired a new stake in Invesco S&P 500 Equal Weight Utilities ETF during the fourth quarter worth about $4,817,000. WealthCare Investment Partners LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF during the fourth quarter valued at approximately $4,489,000. International Assets Investment Management LLC acquired a new position in Invesco S&P 500 Equal Weight Utilities ETF in the fourth quarter worth about $3,392,000. Finally, Liberty One Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF in the fourth quarter valued at $2,211,000.

Invesco S&P 500 Equal Weight Utilities ETF Price Performance

Invesco S&P 500 Equal Weight Utilities ETF stock opened at $54.24 on Wednesday. The stock has a fifty day moving average of $54.39 and a 200-day moving average of $53.41. Invesco S&P 500 Equal Weight Utilities ETF has a 52 week low of $47.27 and a 52 week high of $58.74.

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.