Lincoln National Corp Makes New $369,000 Investment in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

Lincoln National Corp acquired a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 6,767 shares of the company’s stock, valued at approximately $369,000.

A number of other large investors have also modified their holdings of RSPU. Walker Asset Management LLC bought a new stake in Invesco S&P 500 Equal Weight Utilities ETF in the 4th quarter valued at $395,000. Creative Financial Designs Inc. ADV bought a new stake in Invesco S&P 500 Equal Weight Utilities ETF in the fourth quarter valued at about $34,000. BKM Wealth Management LLC bought a new stake in Invesco S&P 500 Equal Weight Utilities ETF in the fourth quarter valued at about $103,000. Ausdal Financial Partners Inc. acquired a new position in Invesco S&P 500 Equal Weight Utilities ETF in the fourth quarter worth about $736,000. Finally, Cedar Brook Financial Partners LLC bought a new position in Invesco S&P 500 Equal Weight Utilities ETF during the fourth quarter worth about $440,000.

Invesco S&P 500 Equal Weight Utilities ETF Trading Down 0.0 %

RSPU stock opened at $60.70 on Monday. Invesco S&P 500 Equal Weight Utilities ETF has a 1-year low of $47.27 and a 1-year high of $60.92. The business’s 50 day moving average is $56.19 and its 200-day moving average is $54.37. The firm has a market cap of $267.08 million, a P/E ratio of 17.76 and a beta of 0.69.

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.