HighTower Advisors LLC Has $1.92 Million Position in Invesco S&P 500 Equal Weight Energy ETF $RSPG

HighTower Advisors LLC cut its holdings in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 70.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,123 shares of the company’s stock after selling 57,284 shares during the period. HighTower Advisors LLC owned approximately 0.46% of Invesco S&P 500 Equal Weight Energy ETF worth $1,920,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in RSPG. Friedenthal Financial grew its stake in Invesco S&P 500 Equal Weight Energy ETF by 2.6% during the third quarter. Friedenthal Financial now owns 7,327 shares of the company’s stock worth $583,000 after purchasing an additional 183 shares during the period. Sylvest Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 3.5% during the 3rd quarter. Sylvest Advisors LLC now owns 5,854 shares of the company’s stock worth $466,000 after buying an additional 198 shares in the last quarter. Rothschild Investment LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 4.0% during the 2nd quarter. Rothschild Investment LLC now owns 7,898 shares of the company’s stock worth $588,000 after buying an additional 304 shares in the last quarter. Stonebridge Financial Group LLC grew its position in shares of Invesco S&P 500 Equal Weight Energy ETF by 0.8% during the 3rd quarter. Stonebridge Financial Group LLC now owns 54,109 shares of the company’s stock worth $4,308,000 after buying an additional 403 shares during the period. Finally, Walker Asset Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 10.4% in the 3rd quarter. Walker Asset Management LLC now owns 6,753 shares of the company’s stock valued at $538,000 after acquiring an additional 638 shares in the last quarter.

Invesco S&P 500 Equal Weight Energy ETF Stock Up 1.5%

Invesco S&P 500 Equal Weight Energy ETF stock opened at $99.78 on Friday. The company has a market capitalization of $598.68 million, a PE ratio of 13.87 and a beta of 0.87. Invesco S&P 500 Equal Weight Energy ETF has a 12-month low of $63.76 and a 12-month high of $100.29. The firm’s fifty day moving average is $87.87 and its 200 day moving average is $81.99.

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.