Freedom Investment Management Inc. Lowers Stock Holdings in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG)

Freedom Investment Management Inc. cut its holdings in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 5.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 3,074 shares of the company’s stock after selling 192 shares during the period. Freedom Investment Management Inc.’s holdings in Invesco S&P 500 Equal Weight Energy ETF were worth $236,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in RSPG. Howe & Rusling Inc. purchased a new stake in Invesco S&P 500 Equal Weight Energy ETF in the third quarter valued at approximately $51,000. Whittier Trust Co. acquired a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF during the 2nd quarter worth $81,000. International Assets Investment Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Energy ETF in the 2nd quarter worth $106,000. Creative Financial Designs Inc. ADV raised its position in shares of Invesco S&P 500 Equal Weight Energy ETF by 214.5% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,695 shares of the company’s stock worth $130,000 after buying an additional 1,156 shares during the period. Finally, Centaurus Financial Inc. acquired a new position in Invesco S&P 500 Equal Weight Energy ETF in the second quarter valued at $137,000.

Invesco S&P 500 Equal Weight Energy ETF Price Performance

Shares of NYSEARCA:RSPG opened at $84.45 on Monday. The business has a 50-day moving average of $80.47 and a two-hundred day moving average of $79.75. The firm has a market capitalization of $622.40 million, a PE ratio of 11.59 and a beta of 0.56. Invesco S&P 500 Equal Weight Energy ETF has a 12 month low of $68.97 and a 12 month high of $86.61.

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.