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The Invesco S&P 500 Equal Weight Utilities ETF (RSPU) made its debut on 11/01/2006, and is a smart beta exchange traded fund that provides broad exposure to the Utilities/Infrastructure ETFs category of the market.

Looking for broad exposure to the Utilities - Broad segment of the equity market? You should consider the Invesco S&P 500 Equal Weight Utilities ETF (RSPU), a passively managed exchange traded fund launched on November 1, 2006.

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU - Get Free Report) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 3,913 shares, a drop of 20.7% from the December 15th total of 4,932 shares. Approximately 0.1% of the shares of the stock

Water utilities appear undervalued by about 20% relative to 11-year averages, while electricity/multi-utilities are overvalued by 9%. RSPU offers lower company-specific risk, slightly better value, and similar long-term returns and volatility versus XLU, making it attractive for long-term sector investors. 10 utility stocks were cheaper than their peers in January.