Geneos Wealth Management Inc. Increases Stake in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

Geneos Wealth Management Inc. lifted its position in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) by 7.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 17,750 shares of the company’s stock after acquiring an additional 1,179 shares during the period. Geneos Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight Utilities ETF were worth $1,167,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Liberty One Investment Management LLC raised its holdings in Invesco S&P 500 Equal Weight Utilities ETF by 0.5% in the 4th quarter. Liberty One Investment Management LLC now owns 39,593 shares of the company’s stock worth $2,602,000 after acquiring an additional 213 shares during the last quarter. HighTower Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 9.4% in the third quarter. HighTower Advisors LLC now owns 5,687 shares of the company’s stock worth $389,000 after purchasing an additional 487 shares during the last quarter. Farther Finance Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF in the third quarter worth $41,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF during the third quarter valued at $41,000. Finally, Friedenthal Financial increased its holdings in Invesco S&P 500 Equal Weight Utilities ETF by 1.7% in the 3rd quarter. Friedenthal Financial now owns 40,104 shares of the company’s stock worth $2,755,000 after buying an additional 679 shares in the last quarter.

Invesco S&P 500 Equal Weight Utilities ETF Stock Performance

RSPU opened at $66.76 on Tuesday. The company’s 50-day simple moving average is $67.56 and its two-hundred day simple moving average is $66.13. The stock has a market capitalization of $293.74 million, a P/E ratio of 17.76 and a beta of 0.69. Invesco S&P 500 Equal Weight Utilities ETF has a 52-week low of $51.02 and a 52-week high of $71.77.

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.