WESPAC Advisors LLC Purchases 1,397 Shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

WESPAC Advisors LLC grew its position in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) by 25.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,826 shares of the company’s stock after buying an additional 1,397 shares during the quarter. WESPAC Advisors LLC owned 0.16% of Invesco S&P 500 Equal Weight Utilities ETF worth $469,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF during the 3rd quarter worth $41,000. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF by 156.4% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 231,032 shares of the company’s stock worth $13,407,000 after acquiring an additional 140,931 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF in the 2nd quarter valued at approximately $64,000. Signature Estate & Investment Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF during the 2nd quarter valued at approximately $605,000. Finally, Jackson Wealth Management LLC increased its position in Invesco S&P 500 Equal Weight Utilities ETF by 28.6% during the 1st quarter. Jackson Wealth Management LLC now owns 28,604 shares of the company’s stock worth $1,619,000 after purchasing an additional 6,353 shares in the last quarter.

Invesco S&P 500 Equal Weight Utilities ETF Price Performance

Shares of Invesco S&P 500 Equal Weight Utilities ETF stock opened at $70.39 on Friday. The company’s 50 day moving average price is $68.09 and its two-hundred day moving average price is $63.63. The firm has a market capitalization of $309.72 million, a P/E ratio of 17.76 and a beta of 0.69. Invesco S&P 500 Equal Weight Utilities ETF has a fifty-two week low of $51.02 and a fifty-two week high of $70.99.

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.