Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) Shares Sold by Strategic Advisors LLC

Strategic Advisors LLC lowered its position in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 50.3% in the third quarter, Holdings Channel.com reports. The firm owned 5,896 shares of the company’s stock after selling 5,958 shares during the quarter. Strategic Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Energy ETF were worth $452,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Oarsman Capital Inc. purchased a new position in Invesco S&P 500 Equal Weight Energy ETF in the fourth quarter valued at about $4,177,000. Beck Capital Management LLC increased its holdings in Invesco S&P 500 Equal Weight Energy ETF by 1,331.1% in the first quarter. Beck Capital Management LLC now owns 52,895 shares of the company’s stock valued at $4,395,000 after buying an additional 49,199 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight Energy ETF in the second quarter valued at about $3,100,000. FPC Investment Advisory Inc. purchased a new position in Invesco S&P 500 Equal Weight Energy ETF in the first quarter valued at about $2,965,000. Finally, Davis Investment Partners LLC increased its holdings in Invesco S&P 500 Equal Weight Energy ETF by 111.4% in the second quarter. Davis Investment Partners LLC now owns 60,524 shares of the company’s stock valued at $4,870,000 after buying an additional 31,899 shares in the last quarter.

Invesco S&P 500 Equal Weight Energy ETF Stock Up 1.1 %

Shares of RSPG traded up $0.89 during mid-day trading on Thursday, reaching $81.19. 8,758 shares of the company’s stock were exchanged, compared to its average volume of 62,781. The company has a 50-day simple moving average of $78.04 and a two-hundred day simple moving average of $80.26. Invesco S&P 500 Equal Weight Energy ETF has a 52-week low of $68.97 and a 52-week high of $86.59. The company has a market cap of $598.37 million, a price-to-earnings ratio of 11.59 and a beta of 0.56.

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.