Geneos Wealth Management Inc. Raises Stock Position in Invesco S&P 500 Equal Weight Utilities ETF $RSPU

by · The Cerbat Gem

Geneos Wealth Management Inc. boosted its position in shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU – Free Report) by 1.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,996 shares of the company’s stock after buying an additional 246 shares during the quarter. Geneos Wealth Management Inc. owned approximately 0.28% of Invesco S&P 500 Equal Weight Utilities ETF worth $1,253,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 18.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,764 shares of the company’s stock valued at $123,000 after purchasing an additional 280 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 1.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 22,910 shares of the company’s stock valued at $1,596,000 after acquiring an additional 307 shares during the period. Advisory Alpha LLC raised its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 4.1% in the 1st quarter. Advisory Alpha LLC now owns 9,861 shares of the company’s stock valued at $687,000 after acquiring an additional 391 shares during the period. Cambridge Investment Research Advisors Inc. grew its holdings in shares of 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 valued at $5,869,000 after purchasing an additional 494 shares in the last quarter. Finally, WealthCare Investment Partners LLC grew its holdings in shares of 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 valued at $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%

NYSEARCA RSPU opened at $75.10 on Friday. Invesco S&P 500 Equal Weight Utilities ETF has a 52 week low of $62.64 and a 52 week high of $76.86. The stock has a market capitalization of $454.36 million, a PE ratio of 18.42 and a beta of 0.60. The firm has a 50 day moving average of $74.06 and a two-hundred day moving average of $71.15.

Invesco S&P 500 Equal Weight Utilities ETF Company Profile

(Free Report)

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.

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