JPMorgan Chase & Co. Grows Stake in Invesco S&P 500 Equal Weight Utilities ETF $RSPU

JPMorgan Chase & Co. lifted its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) by 828,100.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,846 shares of the company’s stock after buying an additional 24,843 shares during the period. JPMorgan Chase & Co. owned approximately 0.37% of Invesco S&P 500 Equal Weight Utilities ETF worth $1,905,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Allworth Financial LP lifted its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 235.1% during the third quarter. Allworth Financial LP now owns 955 shares of the company’s stock worth $73,000 after buying an additional 670 shares during the period. First Heartland Consultants Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF during the third quarter worth $204,000. Truist Financial Corp acquired a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF during the third quarter worth $229,000. Perigon Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF during the third quarter worth $231,000. Finally, Money Concepts Capital Corp lifted its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 43.0% during the third quarter. Money Concepts Capital Corp now owns 4,289 shares of the company’s stock worth $329,000 after buying an additional 1,290 shares during the period.

Invesco S&P 500 Equal Weight Utilities ETF Trading Up 0.3%

NYSEARCA:RSPU opened at $81.99 on Wednesday. Invesco S&P 500 Equal Weight Utilities ETF has a 12 month low of $62.64 and a 12 month high of $84.52. The firm has a fifty day simple moving average of $80.83 and a 200-day simple moving average of $78.11. The company has a market capitalization of $590.33 million, a P/E ratio of 18.42 and a beta of 0.65.

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.