Ausdal Financial Partners Inc. Has $308,000 Stock Position in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

Ausdal Financial Partners Inc. lessened its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) by 59.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,679 shares of the company’s stock after selling 6,827 shares during the quarter. Ausdal Financial Partners Inc. owned 0.11% of Invesco S&P 500 Equal Weight Utilities ETF worth $308,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Truist Financial Corp bought a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF during the fourth quarter worth $230,000. Stifel Financial Corp boosted its stake in Invesco S&P 500 Equal Weight Utilities ETF by 20.2% in the 3rd quarter. Stifel Financial Corp now owns 22,734 shares of the company’s stock worth $1,562,000 after purchasing an additional 3,823 shares during the period. Principal Securities Inc. increased its holdings in Invesco S&P 500 Equal Weight Utilities ETF by 257.2% during the 4th quarter. Principal Securities Inc. now owns 993 shares of the company’s stock worth $65,000 after purchasing an additional 715 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 42.0% in the 4th quarter. Farther Finance Advisors LLC now owns 852 shares of the company’s stock valued at $56,000 after purchasing an additional 252 shares during the period. Finally, Jones Financial Companies Lllp lifted its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF by 126.2% in the fourth quarter. Jones Financial Companies Lllp now owns 3,594 shares of the company’s stock valued at $236,000 after purchasing an additional 2,005 shares in the last quarter.

Invesco S&P 500 Equal Weight Utilities ETF Stock Performance

NYSEARCA:RSPU opened at $68.91 on Friday. The stock has a 50-day simple moving average of $68.27 and a 200 day simple moving average of $67.86. Invesco S&P 500 Equal Weight Utilities ETF has a 52-week low of $53.78 and a 52-week high of $71.77. The company has a market cap of $383.83 million, a PE ratio of 19.64 and a beta of 0.63.

Invesco S&P 500 Equal Weight Utilities ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a $0.4636 dividend. The ex-dividend date was Monday, March 24th.

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.