Tower Research Capital LLC TRC Acquires Shares of 2,639 Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

Tower Research Capital LLC TRC bought a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,639 shares of the company’s stock, valued at approximately $173,000. Tower Research Capital LLC TRC owned 0.06% of Invesco S&P 500 Equal Weight Utilities ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Larson Financial Group LLC lifted its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 78.6% during the fourth quarter. Larson Financial Group LLC now owns 518 shares of the company’s stock valued at $34,000 after buying an additional 228 shares during the last quarter. Anchor Investment Management LLC boosted its position in Invesco S&P 500 Equal Weight Utilities ETF by 26.9% in the fourth quarter. Anchor Investment Management LLC now owns 713 shares of the company’s stock valued at $47,000 after buying an additional 151 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 42.0% in the fourth quarter. Farther Finance Advisors LLC now owns 852 shares of the company’s stock worth $56,000 after acquiring an additional 252 shares during the period. Principal Securities Inc. lifted its position in Invesco S&P 500 Equal Weight Utilities ETF by 257.2% during the fourth quarter. Principal Securities Inc. now owns 993 shares of the company’s stock valued at $65,000 after purchasing an additional 715 shares during the period. Finally, Truist Financial Corp purchased a new stake in Invesco S&P 500 Equal Weight Utilities ETF in the fourth quarter valued at $230,000.

Invesco S&P 500 Equal Weight Utilities ETF Stock Performance

NYSEARCA RSPU opened at $70.83 on Wednesday. Invesco S&P 500 Equal Weight Utilities ETF has a fifty-two week low of $57.60 and a fifty-two week high of $71.77. The firm has a market capitalization of $438.44 million, a P/E ratio of 19.26 and a beta of 0.58. The stock has a 50-day simple moving average of $68.47 and a two-hundred day simple moving average of $67.99.

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.