Signature Estate & Investment Advisors LLC Sells 327 Shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

Signature Estate & Investment Advisors LLC lowered its position in shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) by 3.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 10,102 shares of the company’s stock after selling 327 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Utilities ETF were worth $694,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF during the 3rd quarter worth approximately $41,000. Farther Finance Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF during the 3rd quarter worth approximately $41,000. International Assets Investment Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF during the 2nd quarter worth approximately $64,000. RFP Financial Group LLC lifted its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 262.1% during the 2nd quarter. RFP Financial Group LLC now owns 3,339 shares of the company’s stock worth $194,000 after buying an additional 2,417 shares in the last quarter. Finally, Financial Advocates Investment Management bought a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF in the 3rd quarter worth approximately $237,000.

Invesco S&P 500 Equal Weight Utilities ETF Trading Up 1.5 %

NYSEARCA:RSPU opened at $68.34 on Friday. The stock has a market capitalization of $300.70 million, a PE ratio of 17.76 and a beta of 0.69. The firm’s 50 day moving average is $67.62 and its 200 day moving average is $63.14. Invesco S&P 500 Equal Weight Utilities ETF has a 12 month low of $51.02 and a 12 month high of $69.87.

Invesco S&P 500 Equal Weight Utilities ETF Company 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.