Jackson Wealth Management LLC Increases Position in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

Jackson Wealth Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) by 98.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 31,895 shares of the company’s stock after buying an additional 15,787 shares during the period. Jackson Wealth Management LLC owned 0.72% of Invesco S&P 500 Equal Weight Utilities ETF worth $2,191,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF in the 3rd quarter valued at about $41,000. RFP Financial Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF in the 1st quarter valued at about $52,000. International Assets Investment Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF in the 2nd quarter valued at about $64,000. B. Riley Wealth Advisors Inc. acquired a new position in Invesco S&P 500 Equal Weight Utilities ETF during the 4th quarter valued at about $232,000. Finally, Advisory Alpha LLC boosted its stake in Invesco S&P 500 Equal Weight Utilities ETF by 4.0% during the 1st quarter. Advisory Alpha LLC now owns 8,218 shares of the company’s stock valued at $465,000 after purchasing an additional 318 shares during the period.

Invesco S&P 500 Equal Weight Utilities ETF Trading Up 0.1 %

Invesco S&P 500 Equal Weight Utilities ETF stock traded up $0.05 during midday trading on Thursday, reaching $69.40. 164,030 shares of the stock traded hands, compared to its average volume of 33,444. The firm has a fifty day moving average price of $66.62 and a two-hundred day moving average price of $61.90. The firm has a market cap of $305.36 million, a price-to-earnings 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 $50.09 and a fifty-two week high of $69.87.

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.