Sigma Planning Corp decreased its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU – Free Report) by 7.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,306 shares of the company’s stock after selling 332 shares during the quarter. Sigma Planning Corp owned about 0.13% of Invesco S&P 500 Equal Weight Utilities ETF worth $488,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Money Concepts Capital Corp lifted its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 1,500.5% in the 1st quarter. Money Concepts Capital Corp now owns 487,432 shares of the company’s stock worth $11,760,000 after acquiring an additional 456,977 shares during the period. Advisor Group Holdings Inc. lifted its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 11.6% in the 4th quarter. Advisor Group Holdings Inc. now owns 217,767 shares of the company’s stock worth $25,365,000 after acquiring an additional 22,652 shares during the period. LPL Financial LLC lifted its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 1.3% in the 4th quarter. LPL Financial LLC now owns 196,323 shares of the company’s stock worth $22,840,000 after acquiring an additional 2,516 shares during the period. Wells Fargo & Company MN lifted its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 28.9% in the 4th quarter. Wells Fargo & Company MN now owns 115,213 shares of the company’s stock worth $13,404,000 after acquiring an additional 25,854 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 46.6% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 86,863 shares of the company’s stock worth $10,106,000 after acquiring an additional 27,624 shares during the period.
Invesco S&P 500 Equal Weight Utilities ETF Trading Up 0.5 %
Shares of RYU opened at $54.75 on Friday. Invesco S&P 500 Equal Weight Utilities ETF has a 1 year low of $99.69 and a 1 year high of $127.59. The stock has a 50 day simple moving average of $89.34 and a 200-day simple moving average of $104.72. The stock has a market cap of $336.71 million, a PE ratio of 18.58 and a beta of 0.55.
About Invesco S&P 500 Equal Weight Utilities ETF
The Invesco S&P 500 Equal Weight Utilities ETF (RYU) is an exchange-traded fund that mostly invests in utilities equity. The fund tracks an equal-weighted index of S&P 500 utilities companies. RYU was launched on Nov 1, 2006 and is managed by Invesco.
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