Uniting Wealth Partners LLC Purchases New Holdings in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

Uniting Wealth Partners LLC acquired a new position in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 134,495 shares of the company’s stock, valued at approximately $8,840,000. Invesco S&P 500 Equal Weight Utilities ETF comprises about 4.3% of Uniting Wealth Partners LLC’s holdings, making the stock its 2nd largest holding. Uniting Wealth Partners LLC owned about 3.06% of Invesco S&P 500 Equal Weight Utilities ETF at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Larson Financial Group LLC raised its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 78.6% in the fourth quarter. Larson Financial Group LLC now owns 518 shares of the company’s stock valued at $34,000 after buying an additional 228 shares during the last quarter. Farther Finance Advisors LLC grew its stake in Invesco S&P 500 Equal Weight Utilities ETF by 42.0% during the 4th quarter. Farther Finance Advisors LLC now owns 852 shares of the company’s stock valued at $56,000 after acquiring an additional 252 shares in the last quarter. Principal Securities Inc. raised its holdings in Invesco S&P 500 Equal Weight Utilities ETF by 257.2% in the 4th quarter. Principal Securities Inc. now owns 993 shares of the company’s stock valued at $65,000 after acquiring an additional 715 shares during the last quarter. Truist Financial Corp purchased a new position in Invesco S&P 500 Equal Weight Utilities ETF in the 4th quarter worth approximately $230,000. Finally, Jones Financial Companies Lllp boosted its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF by 126.2% during the 4th quarter. Jones Financial Companies Lllp now owns 3,594 shares of the company’s stock worth $236,000 after purchasing an additional 2,005 shares during the last quarter.

Invesco S&P 500 Equal Weight Utilities ETF Price Performance

RSPU stock opened at $70.32 on Thursday. Invesco S&P 500 Equal Weight Utilities ETF has a 1 year low of $53.78 and a 1 year high of $71.77. The firm has a market capitalization of $391.68 million, a PE ratio of 19.64 and a beta of 0.63. The business has a 50 day simple moving average of $68.39 and a 200-day simple moving average of $67.96.

Invesco S&P 500 Equal Weight Utilities ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a $0.4636 dividend. The ex-dividend date was Monday, March 24th.

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.