SRS Capital Advisors Inc. Takes $26,000 Position in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

SRS Capital Advisors Inc. bought a new position in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 478 shares of the company’s stock, valued at approximately $26,000.

Several other hedge funds and other institutional investors have also modified their holdings of RSPU. Walker Asset Management LLC acquired a new position in Invesco S&P 500 Equal Weight Utilities ETF in the fourth quarter valued at about $395,000. Creative Financial Designs Inc. ADV bought a new position in Invesco S&P 500 Equal Weight Utilities ETF in the 4th quarter valued at $34,000. BKM Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF in the fourth quarter valued at $103,000. Ausdal Financial Partners Inc. acquired a new position in Invesco S&P 500 Equal Weight Utilities ETF during the 4th quarter worth about $736,000. Finally, Cedar Brook Financial Partners LLC bought a new stake in Invesco S&P 500 Equal Weight Utilities ETF during the 4th quarter worth about $440,000.

Invesco S&P 500 Equal Weight Utilities ETF Trading Up 0.5 %

Shares of NYSEARCA RSPU opened at $58.48 on Monday. Invesco S&P 500 Equal Weight Utilities ETF has a 1-year low of $47.27 and a 1-year high of $58.61. The company has a 50-day moving average of $55.53 and a two-hundred day moving average of $54.04. The company has a market cap of $257.31 million, a PE ratio of 17.76 and a beta of 0.69.

Invesco S&P 500 Equal Weight Utilities ETF 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.