Harbour Investments Inc. Acquires 22,029 Shares of Invesco S&P 500 Equal Weight Utilities ETF $RSPU

Harbour Investments Inc. lifted its holdings in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) by 510.9% in the fourth quarter, HoldingsChannel reports. The fund owned 26,341 shares of the company’s stock after buying an additional 22,029 shares during the period. Harbour Investments Inc.’s holdings in Invesco S&P 500 Equal Weight Utilities ETF were worth $1,970,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in RSPU. Bank of America Corp DE lifted its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF by 562.9% in the 2nd quarter. Bank of America Corp DE now owns 412,381 shares of the company’s stock worth $29,329,000 after acquiring an additional 350,174 shares during the last quarter. NewEdge Advisors LLC raised its holdings 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 buying an additional 40,159 shares during the last quarter. Redstone Wealth Management LLC bought a new stake in Invesco S&P 500 Equal Weight Utilities ETF during the 4th quarter valued at $2,629,000. Goldman Sachs Group Inc. bought a new stake in Invesco S&P 500 Equal Weight Utilities ETF during the 1st quarter valued at $2,132,000. Finally, JPMorgan Chase & Co. raised its holdings in Invesco S&P 500 Equal Weight Utilities ETF by 828,100.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 24,846 shares of the company’s stock valued at $1,905,000 after buying an additional 24,843 shares during the last quarter.

Invesco S&P 500 Equal Weight Utilities ETF Stock Down 1.3%

NYSEARCA:RSPU opened at $79.13 on Friday. The company has a fifty day moving average of $80.59 and a 200 day moving average of $78.77. Invesco S&P 500 Equal Weight Utilities ETF has a 52 week low of $69.73 and a 52 week high of $84.52. The firm has a market capitalization of $564.99 million, a P/E ratio of 18.42 and a beta of 0.60.

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.