WealthCare Investment Partners LLC Grows Stock Holdings in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU)

WealthCare Investment Partners LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) by 4.9% during the 2nd quarter, Holdings Channel reports. The firm owned 49,220 shares of the company’s stock after purchasing an additional 2,311 shares during the period. Invesco S&P 500 Equal Weight Utilities ETF makes up 3.3% of WealthCare Investment Partners LLC’s holdings, making the stock its 7th largest holding. WealthCare Investment Partners LLC’s holdings in Invesco S&P 500 Equal Weight Utilities ETF were worth $5,548,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in RYU. Raymond James & Associates increased its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF by 38.4% during the first quarter. Raymond James & Associates now owns 2,684 shares of the company’s stock worth $325,000 after purchasing an additional 744 shares during the period. Prudential Financial Inc. boosted its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 10.6% during the 1st quarter. Prudential Financial Inc. now owns 9,154 shares of the company’s stock worth $1,107,000 after acquiring an additional 875 shares in the last quarter. Worth Asset Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF during the 1st quarter worth approximately $4,595,000. Flow Traders U.S. LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF during the 1st quarter worth approximately $431,000. Finally, UBS Group AG boosted its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 15.1% during the 1st quarter. UBS Group AG now owns 9,000 shares of the company’s stock worth $1,088,000 after acquiring an additional 1,178 shares in the last quarter.

Invesco S&P 500 Equal Weight Utilities ETF Stock Performance

Shares of NYSEARCA RYU traded up $0.03 during trading hours on Tuesday, hitting $54.42. 19,624 shares of the stock were exchanged, compared to its average volume of 33,303. The company has a market cap of $334.68 million, a PE ratio of 18.58 and a beta of 0.55. The company’s fifty day simple moving average is $60.59 and its two-hundred day simple moving average is $94.04. Invesco S&P 500 Equal Weight Utilities ETF has a 1-year low of $99.69 and a 1-year high of $127.59.

Invesco S&P 500 Equal Weight Utilities ETF 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.