Signature Estate & Investment Advisors LLC Makes New $605,000 Investment in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

Signature Estate & Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 10,429 shares of the company’s stock, valued at approximately $605,000. Signature Estate & Investment Advisors LLC owned 0.24% of Invesco S&P 500 Equal Weight Utilities ETF at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of RSPU. International Assets Investment Management LLC bought a new position in Invesco S&P 500 Equal Weight Utilities ETF in the 4th quarter worth $3,392,000. Signaturefd LLC acquired a new position in Invesco S&P 500 Equal Weight Utilities ETF during the fourth quarter valued at approximately $32,000. Truist Financial Corp bought a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF in the fourth quarter worth about $288,000. Flaharty Asset Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF in the 4th quarter valued at about $1,422,000. Finally, First Horizon Advisors Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF during the 4th quarter worth about $28,000.

Invesco S&P 500 Equal Weight Utilities ETF Price Performance

Shares of RSPU opened at $64.24 on Wednesday. The firm has a 50-day moving average of $60.84 and a 200-day moving average of $58.25. The company has a market cap of $282.66 million, a PE ratio of 17.76 and a beta of 0.69. Invesco S&P 500 Equal Weight Utilities ETF has a one year low of $47.27 and a one year high of $64.98.

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.