Fortis Advisors LLC Buys 6,318 Shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG)

Fortis Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 20.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 37,621 shares of the company’s stock after purchasing an additional 6,318 shares during the quarter. Invesco S&P 500 Equal Weight Energy ETF comprises 1.9% of Fortis Advisors LLC’s portfolio, making the stock its 16th biggest holding. Fortis Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Energy ETF were worth $2,883,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. Beck Capital Management LLC increased its position in Invesco S&P 500 Equal Weight Energy ETF by 1,331.1% during the first quarter. Beck Capital Management LLC now owns 52,895 shares of the company’s stock valued at $4,395,000 after acquiring an additional 49,199 shares during the last quarter. Sanctuary Advisors LLC bought a new position in Invesco S&P 500 Equal Weight Energy ETF during the 2nd quarter valued at about $3,100,000. Davis Investment Partners LLC raised its position in Invesco S&P 500 Equal Weight Energy ETF by 111.4% in the 2nd quarter. Davis Investment Partners LLC now owns 60,524 shares of the company’s stock worth $4,870,000 after purchasing an additional 31,899 shares during the period. Cetera Investment Advisers purchased a new stake in Invesco S&P 500 Equal Weight Energy ETF in the 1st quarter worth about $1,720,000. Finally, Axxcess Wealth Management LLC bought a new stake in Invesco S&P 500 Equal Weight Energy ETF in the first quarter worth about $795,000.

Invesco S&P 500 Equal Weight Energy ETF Stock Performance

RSPG opened at $84.56 on Tuesday. The stock’s 50 day moving average price is $78.70 and its 200-day moving average price is $79.52. Invesco S&P 500 Equal Weight Energy ETF has a one year low of $68.97 and a one year high of $86.59. The stock has a market cap of $623.21 million, a price-to-earnings ratio of 11.59 and a beta of 0.56.

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.