WESPAC Advisors LLC Increases Stock Holdings in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

WESPAC Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) by 25.7% in the third quarter, HoldingsChannel reports. 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’s holdings in Invesco S&P 500 Equal Weight Utilities ETF were worth $469,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of RSPU. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF in the 3rd quarter worth approximately $41,000. Farther Finance Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight Utilities ETF in the third quarter worth $41,000. International Assets Investment Management LLC purchased a new position in Invesco S&P 500 Equal Weight Utilities ETF in the second quarter worth $64,000. RFP Financial Group LLC grew its stake in Invesco S&P 500 Equal Weight Utilities ETF by 262.1% in the 2nd quarter. RFP Financial Group LLC now owns 3,339 shares of the company’s stock valued at $194,000 after purchasing an additional 2,417 shares during the period. Finally, Planning Directions Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF during the 3rd quarter valued at $205,000.

Invesco S&P 500 Equal Weight Utilities ETF Stock Performance

Shares of NYSEARCA:RSPU opened at $70.39 on Friday. 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. The company’s 50-day moving average is $68.09 and its 200 day moving average is $63.63. The company 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 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.