Shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU – Get Free Report) saw an uptick in trading volume on Tuesday . 32,154 shares were traded during trading, a decline of 32% from the previous session’s volume of 47,320 shares.The stock last traded at $76.8490 and had previously closed at $76.09.
Invesco S&P 500 Equal Weight Utilities ETF Price Performance
The stock has a market cap of $519.35 million, a price-to-earnings ratio of 18.42 and a beta of 0.56. The business’s fifty day simple moving average is $78.79 and its 200 day simple moving average is $80.08.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of RSPU. Bank of America Corp DE grew its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF by 562.9% during the second quarter. Bank of America Corp DE now owns 412,381 shares of the company’s stock valued at $29,329,000 after purchasing an additional 350,174 shares during the last quarter. Denver Wealth Management Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF by 584.4% in the 4th quarter. Denver Wealth Management Inc. now owns 95,156 shares of the company’s stock worth $7,116,000 after purchasing an additional 81,253 shares during the last quarter. Baer Investment Advisory LLC acquired a new position in Invesco S&P 500 Equal Weight Utilities ETF during the 1st quarter valued at approximately $4,848,000. RM Financial Services LLC acquired a new position in Invesco S&P 500 Equal Weight Utilities ETF during the 4th quarter valued at approximately $3,080,000. Finally, NewEdge Advisors LLC boosted its position in Invesco S&P 500 Equal Weight Utilities ETF by 57.5% during the 2nd quarter. NewEdge Advisors LLC now owns 110,055 shares of the company’s stock valued at $7,827,000 after purchasing an additional 40,159 shares during the period.
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.
Recommended Stories
- Five stocks we like better than Invesco S&P 500 Equal Weight Utilities ETF
- Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
- GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus
- Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer
- Sovereign AI: Palantir and Nebius Cut the Cloud Cord
Receive News & Ratings for Invesco S&P 500 Equal Weight Utilities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Utilities ETF and related companies with MarketBeat.com's FREE daily email newsletter.
