NewEdge Advisors LLC Acquires 4,950 Shares of Invesco S&P 500 Equal Weight Energy ETF $RSPG

NewEdge Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 1,486.5% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 5,283 shares of the company’s stock after purchasing an additional 4,950 shares during the period. NewEdge Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Energy ETF were worth $578,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of RSPG. Jane Street Group LLC bought a new position in Invesco S&P 500 Equal Weight Energy ETF during the 1st quarter valued at about $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 worth $1,235,000 after acquiring an additional 7,324 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 402.6% during the second quarter. BNP Paribas Financial Markets now owns 50,256 shares of the company’s stock valued at $3,743,000 after purchasing an additional 40,256 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 188.2% during the second quarter. Geneos Wealth Management Inc. now owns 2,450 shares of the company’s stock valued at $182,000 after purchasing an additional 1,600 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 59.9% during the third quarter. Tower Research Capital LLC TRC now owns 6,251 shares of the company’s stock valued at $498,000 after purchasing an additional 2,341 shares during the last quarter.

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

Shares of RSPG stock opened at $114.07 on Friday. Invesco S&P 500 Equal Weight Energy ETF has a 12-month low of $74.20 and a 12-month high of $115.86. The firm’s 50 day moving average is $103.47 and its 200 day moving average is $103.02. The stock has a market capitalization of $605.71 million, a P/E ratio of 13.87 and a beta of 0.48.

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.