Fortis Advisors LLC Sells 6,854 Shares of Invesco S&P 500 Equal Weight Energy ETF $RSPG

Fortis Advisors LLC cut its position in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 16.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 35,205 shares of the company’s stock after selling 6,854 shares during the period. Invesco S&P 500 Equal Weight Energy ETF makes up about 1.5% of Fortis Advisors LLC’s investment portfolio, making the stock its 18th largest position. Fortis Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Energy ETF were worth $2,802,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in RSPG. Jane Street Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight Energy ETF in the first quarter valued at $392,000. JPMorgan Chase & Co. grew its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 79.2% in the second quarter. JPMorgan Chase & Co. now owns 16,575 shares of the company’s stock valued at $1,235,000 after buying an additional 7,324 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 402.6% in the second quarter. BNP Paribas Financial Markets now owns 50,256 shares of the company’s stock valued at $3,743,000 after buying an additional 40,256 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 188.2% in the second quarter. Geneos Wealth Management Inc. now owns 2,450 shares of the company’s stock valued at $182,000 after buying an additional 1,600 shares in the last quarter. Finally, Flaharty Asset Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Energy ETF in the third quarter valued at $35,816,000.

Invesco S&P 500 Equal Weight Energy ETF Trading Down 1.3%

NYSEARCA:RSPG opened at $102.26 on Friday. The firm has a fifty day simple moving average of $105.58 and a 200 day simple moving average of $93.98. Invesco S&P 500 Equal Weight Energy ETF has a 1-year low of $71.27 and a 1-year high of $114.01. The stock has a market capitalization of $591.06 million, a PE ratio of 13.87 and a beta of 0.50.

Invesco S&P 500 Equal Weight Energy ETF 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.