WealthCare Investment Partners LLC Has $5.55 Million Stake in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU)

WealthCare Investment Partners LLC lifted its stake in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) by 4.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 49,220 shares of the company’s stock after buying an additional 2,311 shares during the period. Invesco S&P 500 Equal Weight Utilities ETF comprises 3.3% of WealthCare Investment Partners LLC’s portfolio, making the stock its 7th biggest holding. WealthCare Investment Partners LLC owned approximately 1.46% of Invesco S&P 500 Equal Weight Utilities ETF worth $5,548,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RYU. Money Concepts Capital Corp raised its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 1,500.5% in the first quarter. Money Concepts Capital Corp now owns 487,432 shares of the company’s stock valued at $11,760,000 after acquiring an additional 456,977 shares during the last quarter. Advisor Group Holdings Inc. raised its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 11.6% in the fourth quarter. Advisor Group Holdings Inc. now owns 217,767 shares of the company’s stock valued at $25,365,000 after acquiring an additional 22,652 shares during the last quarter. Flaharty Asset Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 11.6% in the first quarter. Flaharty Asset Management LLC now owns 168,031 shares of the company’s stock valued at $19,055,000 after acquiring an additional 17,430 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 28.9% in the fourth quarter. Wells Fargo & Company MN now owns 115,213 shares of the company’s stock valued at $13,404,000 after acquiring an additional 25,854 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 30.4% in the first quarter. Bank of America Corp DE now owns 75,329 shares of the company’s stock valued at $8,542,000 after acquiring an additional 17,573 shares during the last quarter.

Invesco S&P 500 Equal Weight Utilities ETF Price Performance

Shares of NYSEARCA:RYU traded up $0.03 during trading on Tuesday, reaching $54.42. The stock had a trading volume of 19,624 shares, compared to its average volume of 33,303. The stock has a market capitalization of $334.68 million, a PE ratio of 18.58 and a beta of 0.55. The business’s 50-day moving average price is $60.59 and its 200 day moving average price is $94.04. Invesco S&P 500 Equal Weight Utilities ETF has a 52 week low of $99.69 and a 52 week high of $127.59.

Invesco S&P 500 Equal Weight Utilities ETF Company Profile

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.