MFA Wealth Services Makes New Investment in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

MFA Wealth Services acquired a new stake in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 21,414 shares of the company’s stock, valued at approximately $1,408,000. Invesco S&P 500 Equal Weight Utilities ETF makes up approximately 1.1% of MFA Wealth Services’ investment portfolio, making the stock its 22nd largest holding.

Other institutional investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC purchased a new stake in Invesco S&P 500 Equal Weight Utilities ETF during the third quarter worth approximately $6,775,000. Friedenthal Financial lifted its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF by 1.7% during the 3rd quarter. Friedenthal Financial now owns 40,104 shares of the company’s stock valued at $2,755,000 after acquiring an additional 679 shares in the last quarter. Liberty One Investment Management LLC boosted its position in Invesco S&P 500 Equal Weight Utilities ETF by 0.5% during the 4th quarter. Liberty One Investment Management LLC now owns 39,593 shares of the company’s stock worth $2,602,000 after purchasing an additional 213 shares during the period. Jackson Wealth Management LLC increased its holdings in Invesco S&P 500 Equal Weight Utilities ETF by 98.0% in the 3rd quarter. Jackson Wealth Management LLC now owns 31,895 shares of the company’s stock valued at $2,191,000 after purchasing an additional 15,787 shares in the last quarter. Finally, Studio Investment Management LLC raised its position in Invesco S&P 500 Equal Weight Utilities ETF by 18.1% in the third quarter. Studio Investment Management LLC now owns 26,716 shares of the company’s stock valued at $1,835,000 after purchasing an additional 4,087 shares during the period.

Invesco S&P 500 Equal Weight Utilities ETF Price Performance

Shares of RSPU opened at $67.27 on Friday. Invesco S&P 500 Equal Weight Utilities ETF has a 12 month low of $51.02 and a 12 month high of $71.77. The stock has a market cap of $295.99 million, a PE ratio of 17.76 and a beta of 0.69. The stock’s 50-day moving average is $67.57 and its two-hundred day moving average is $65.95.

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.