Friedenthal Financial Acquires 832 Shares of Invesco S&P 500 Equal Weight Utilities ETF $RSPU

Friedenthal Financial grew its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) by 2.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 40,192 shares of the company’s stock after buying an additional 832 shares during the quarter. Invesco S&P 500 Equal Weight Utilities ETF accounts for about 1.6% of Friedenthal Financial’s investment portfolio, making the stock its 19th biggest position. Friedenthal Financial owned 0.66% of Invesco S&P 500 Equal Weight Utilities ETF worth $2,858,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC grew its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 1.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 103,957 shares of the company’s stock valued at $7,241,000 after buying an additional 1,837 shares during the last quarter. Kestra Advisory Services LLC grew its stake in Invesco S&P 500 Equal Weight Utilities ETF by 12.1% in the first quarter. Kestra Advisory Services LLC now owns 86,298 shares of the company’s stock worth $6,011,000 after purchasing an additional 9,323 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in Invesco S&P 500 Equal Weight Utilities ETF by 0.6% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 84,270 shares of the company’s stock worth $5,869,000 after purchasing an additional 494 shares in the last quarter. NewEdge Advisors LLC grew its stake in Invesco S&P 500 Equal Weight Utilities ETF by 40.9% in the first quarter. NewEdge Advisors LLC now owns 69,896 shares of the company’s stock worth $4,868,000 after purchasing an additional 20,289 shares in the last quarter. Finally, WealthCare Investment Partners LLC grew its stake in Invesco S&P 500 Equal Weight Utilities ETF by 1.5% in the first quarter. WealthCare Investment Partners LLC now owns 45,653 shares of the company’s stock worth $3,060,000 after purchasing an additional 675 shares in the last quarter.

Invesco S&P 500 Equal Weight Utilities ETF Stock Up 0.4%

Shares of NYSEARCA:RSPU opened at $78.47 on Wednesday. Invesco S&P 500 Equal Weight Utilities ETF has a 52-week low of $62.64 and a 52-week high of $78.85. The stock has a market cap of $492.01 million, a P/E ratio of 18.42 and a beta of 0.60. The business’s 50 day moving average is $75.14 and its 200 day moving average is $72.00.

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.