Capital Wealth Alliance LLC lowered its stake in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG – Free Report) by 32.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 6,508 shares of the company’s stock after selling 3,122 shares during the quarter. Capital Wealth Alliance LLC’s holdings in Invesco S&P 500 Equal Weight Energy ETF were worth $497,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of RSPG. Stonebridge Financial Group LLC purchased a new position in Invesco S&P 500 Equal Weight Energy ETF in the 4th quarter valued at about $4,500,000. Almanack Investment Partners LLC. boosted its holdings in Invesco S&P 500 Equal Weight Energy ETF by 4.2% in the fourth quarter. Almanack Investment Partners LLC. now owns 52,638 shares of the company’s stock valued at $4,019,000 after purchasing an additional 2,101 shares during the last quarter. Stratos Wealth Partners LTD. grew its stake in Invesco S&P 500 Equal Weight Energy ETF by 2.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 8,529 shares of the company’s stock valued at $651,000 after purchasing an additional 210 shares in the last quarter. EQ Wealth Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight Energy ETF during the 4th quarter worth approximately $1,055,000. Finally, Sylvest Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Energy ETF in the 4th quarter valued at approximately $352,000.
Invesco S&P 500 Equal Weight Energy ETF Trading Up 2.7 %
Shares of NYSEARCA:RSPG opened at $81.44 on Tuesday. Invesco S&P 500 Equal Weight Energy ETF has a 12-month low of $71.31 and a 12-month high of $86.61. The firm has a market cap of $600.21 million, a PE ratio of 11.59 and a beta of 0.56. The company has a fifty day simple moving average of $79.56 and a 200 day simple moving average of $79.48.
About Invesco S&P 500 Equal Weight Energy ETF
The Invesco S&P 500 Equal Weight Energy ETF (RSPG) is an exchange-traded fund that is based on the S&P 500 Equal Weight Energy Plus index. The fund tracks an equal-weighted index of US energy companies in the S&P 500. RSPG was launched on Nov 1, 2006 and is managed by Invesco.
Further Reading
- Five stocks we like better than Invesco S&P 500 Equal Weight Energy ETF
- What Are Dividend Challengers?
- Onsemi Stock: Signs Point to a Powerful Rebound
- Growth Stocks: What They Are, What They Are Not
- Monday.com Stock Could Soar to New Highs—Here’s How
- Dividend Capture Strategy: What You Need to Know
- Merck: 4 No-Brainer Reasons to Buy This Dip
Want to see what other hedge funds are holding RSPG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight Energy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Energy ETF and related companies with MarketBeat.com's FREE daily email newsletter.