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Asset Summary

Weekly Performance Report for RSPU ETF: Week 47, 2024

Summary: The Weekly started with RSPU ETF opening at $68.27 and closing at $69.41. The ETF showed resilience throughout the Weekly, with the highest price observed at $69.59 and the lowest at $68.27. The underlying asset had a trading range of $1.32 Overall, it was a positive trading Weekly for RSPU ETF, reflecting investor optimism and market activity.

Change in Closing Price: There was a net increase of $1.14 or 1.67% in the closing price from the opening to the closing price over the Weekly.

Volume Analysis: Trading volume for RSPU ETF was 96,257 units during Week 47, indicating active market participation and investor interest.

Opening Price: The Weekly started at $68.27.

Highest Price: The highest price observed during the Weekly was $69.59.

Lowest Price: The lowest price observed during the Weekly was $68.27.

Closing Price: The Weekly ended at $69.41.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

As of the latest update, RSPU has an expense ratio of approximately 0.40%. This fee is deducted from the fund’s assets and covers the cost of managing the ETF.

RSPU includes utilities companies that are part of the S&P 500 Index. These companies operate in sectors such as electric utilities, gas utilities, and water utilities. Each company in the index is given an equal weight.

RSPU typically distributes dividends on a quarterly basis. These dividends are paid from the income generated by the underlying securities in the ETF’s portfolio.

RSPU is rebalanced quarterly to align with changes in the S&P 500 Equal Weight Utilities Index. This rebalancing ensures that each constituent maintains an equal weight within the ETF.

Dividends received from the underlying securities in RSPU are collected and distributed to ETF shareholders. Investors can choose to receive dividends in cash or reinvest them to purchase additional shares of RSPU.

Historically, RSPU’s performance reflects the trends in the utilities sector, adjusted for the equal weighting of its constituents. Performance can vary based on interest rates, regulatory changes, and the financial health of individual companies within the sector.

Investors can purchase shares of RSPU through a brokerage account, just like other stocks and ETFs. It is traded on the New York Stock Exchange (NYSE) under the ticker symbol "RSPU."

RSPU is managed by Invesco. The fund aims to replicate the performance of the S&P 500 Equal Weight Utilities Index by holding the same stocks in equal proportions as the index. The management involves periodic rebalancing to ensure that the ETF maintains equal weight for each constituent stock.

Similar ETFs to RSPU include the Utilities Select Sector SPDR Fund (XLU) and the Invesco S&P 500 Equal Weight ETF (RSP). These ETFs also focus on utilities or use an equal weighting approach but may differ in their specific focus or index.

Yes, RSPU can be held in retirement accounts such as IRAs or 401(k)s. It can be a suitable choice for investors seeking targeted exposure to the utilities sector within their retirement portfolio.

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