Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) Shares Sold by Raymond James & Associates

Raymond James & Associates reduced its position in shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 13.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 49,663 shares of the company’s stock after selling 7,598 shares during the quarter. Raymond James & Associates’ holdings in Invesco S&P 500 Equal Weight Energy ETF were worth $3,806,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Bleakley Financial Group LLC raised its position in shares of Invesco S&P 500 Equal Weight Energy ETF by 2.9% during the 1st quarter. Bleakley Financial Group LLC now owns 6,685 shares of the company’s stock valued at $555,000 after acquiring an additional 190 shares in the last quarter. PNC Financial Services Group Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF during the 4th quarter valued at approximately $30,000. FPC Investment Advisory Inc. raised its position in shares of Invesco S&P 500 Equal Weight Energy ETF by 1.6% during the 2nd quarter. FPC Investment Advisory Inc. now owns 35,953 shares of the company’s stock valued at $2,969,000 after acquiring an additional 573 shares in the last quarter. Brookstone Capital Management increased its position in Invesco S&P 500 Equal Weight Energy ETF by 5.1% in the second quarter. Brookstone Capital Management now owns 15,859 shares of the company’s stock worth $1,310,000 after buying an additional 772 shares during the period. Finally, HHM Wealth Advisors LLC increased its position in Invesco S&P 500 Equal Weight Energy ETF by 79.9% in the second quarter. HHM Wealth Advisors LLC now owns 2,071 shares of the company’s stock worth $167,000 after buying an additional 920 shares during the period.

Invesco S&P 500 Equal Weight Energy ETF Price Performance

Shares of NYSEARCA RSPG opened at $76.54 on Monday. Invesco S&P 500 Equal Weight Energy ETF has a 1-year low of $68.97 and a 1-year high of $86.59. The business’s fifty day moving average price is $78.09 and its two-hundred day moving average price is $79.60. The firm has a market capitalization of $564.10 million, a PE ratio of 11.59 and a beta of 0.56.

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.