Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) Reaches New 12-Month High – Here’s What Happened

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $100.29 and last traded at $98.12, with a volume of 67510 shares changing hands. The stock had previously closed at $98.44.

Invesco S&P 500 Equal Weight Energy ETF Trading Down 0.3%

The stock has a market cap of $588.72 million, a P/E ratio of 13.87 and a beta of 0.87. The firm’s fifty day moving average is $86.31 and its 200 day moving average is $81.35.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Energy ETF

Several large investors have recently made changes to their positions in RSPG. IHT Wealth Management LLC grew its holdings in Invesco S&P 500 Equal Weight Energy ETF by 1.2% in the 4th quarter. IHT Wealth Management LLC now owns 28,446 shares of the company’s stock valued at $2,264,000 after buying an additional 324 shares during the last quarter. Advisory Services Network LLC boosted its position in shares of Invesco S&P 500 Equal Weight Energy ETF by 13.0% in the fourth quarter. Advisory Services Network LLC now owns 3,775 shares of the company’s stock valued at $300,000 after acquiring an additional 433 shares during the period. Oarsman Capital Inc. grew its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 4.7% in the fourth quarter. Oarsman Capital Inc. now owns 57,879 shares of the company’s stock worth $4,606,000 after acquiring an additional 2,585 shares during the last quarter. Aptus Capital Advisors LLC increased its position in Invesco S&P 500 Equal Weight Energy ETF by 11.7% during the fourth quarter. Aptus Capital Advisors LLC now owns 29,483 shares of the company’s stock worth $2,346,000 after acquiring an additional 3,081 shares during the period. Finally, Kestra Advisory Services LLC raised its stake in Invesco S&P 500 Equal Weight Energy ETF by 9.6% during the 4th quarter. Kestra Advisory Services LLC now owns 26,033 shares of the company’s stock valued at $2,072,000 after purchasing an additional 2,290 shares during the last quarter.

Invesco S&P 500 Equal Weight Energy ETF Company Profile

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.