MFA Wealth Services bought a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 21,414 shares of the company’s stock, valued at approximately $1,408,000. Invesco S&P 500 Equal Weight Utilities ETF accounts for 1.1% of MFA Wealth Services’ holdings, making the stock its 22nd biggest holding. MFA Wealth Services owned 0.49% of Invesco S&P 500 Equal Weight Utilities ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC acquired a new stake in Invesco S&P 500 Equal Weight Utilities ETF in the third quarter valued at $6,775,000. Financial Services Advisory Inc purchased a new position in Invesco S&P 500 Equal Weight Utilities ETF during the third quarter worth $1,622,000. Jackson Wealth Management LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF by 98.0% in the third quarter. Jackson Wealth Management LLC now owns 31,895 shares of the company’s stock worth $2,191,000 after acquiring an additional 15,787 shares during the last quarter. Studio Investment Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 18.1% in the third quarter. Studio Investment Management LLC now owns 26,716 shares of the company’s stock valued at $1,835,000 after acquiring an additional 4,087 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 20.2% during the third quarter. Stifel Financial Corp now owns 22,734 shares of the company’s stock valued at $1,562,000 after acquiring an additional 3,823 shares during the last quarter.
Invesco S&P 500 Equal Weight Utilities ETF Price Performance
Invesco S&P 500 Equal Weight Utilities ETF stock opened at $67.27 on Friday. The stock has a market capitalization of $295.99 million, a P/E ratio of 17.76 and a beta of 0.69. Invesco S&P 500 Equal Weight Utilities ETF has a 12-month low of $51.02 and a 12-month high of $71.77. The firm’s 50-day moving average is $67.57 and its two-hundred day moving average is $65.95.
About Invesco S&P 500 Equal Weight Utilities ETF
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.
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