Geneos Wealth Management Inc. Acquires 1,179 Shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

Geneos Wealth Management Inc. increased its holdings in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) by 7.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,750 shares of the company’s stock after purchasing an additional 1,179 shares during the period. Geneos Wealth Management Inc. owned approximately 0.40% of Invesco S&P 500 Equal Weight Utilities ETF worth $1,167,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Farther Finance Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight Utilities ETF during the third quarter valued at about $41,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in Invesco S&P 500 Equal Weight Utilities ETF during the 3rd quarter valued at about $41,000. Planning Directions Inc. purchased a new stake in Invesco S&P 500 Equal Weight Utilities ETF during the 3rd quarter valued at about $205,000. Financial Advocates Investment Management bought a new position in Invesco S&P 500 Equal Weight Utilities ETF during the 3rd quarter worth approximately $237,000. Finally, HighTower Advisors LLC increased its stake in Invesco S&P 500 Equal Weight Utilities ETF by 9.4% in the 3rd quarter. HighTower Advisors LLC now owns 5,687 shares of the company’s stock worth $389,000 after purchasing an additional 487 shares during the period.

Invesco S&P 500 Equal Weight Utilities ETF Stock Performance

NYSEARCA:RSPU opened at $66.76 on Tuesday. Invesco S&P 500 Equal Weight Utilities ETF has a fifty-two week low of $51.02 and a fifty-two week high of $71.77. The firm has a market cap of $293.74 million, a PE ratio of 17.76 and a beta of 0.69. The business has a 50 day moving average price of $67.56 and a 200-day moving average price of $66.13.

Invesco S&P 500 Equal Weight Utilities ETF 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.