NewEdge Advisors LLC Grows Stake in Invesco S&P 500 Equal Weight Energy ETF $RSPG

NewEdge Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 1,486.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,283 shares of the company’s stock after acquiring an additional 4,950 shares during the quarter. NewEdge Advisors LLC owned about 0.09% of Invesco S&P 500 Equal Weight Energy ETF worth $578,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of RSPG. Jane Street Group LLC bought a new position in Invesco S&P 500 Equal Weight Energy ETF in the 1st quarter worth about $392,000. JPMorgan Chase & Co. increased its stake in Invesco S&P 500 Equal Weight Energy ETF by 79.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 16,575 shares of the company’s stock valued at $1,235,000 after purchasing an additional 7,324 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in 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 worth $3,743,000 after buying an additional 40,256 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in 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 worth $182,000 after buying an additional 1,600 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 59.9% in the third quarter. Tower Research Capital LLC TRC now owns 6,251 shares of the company’s stock worth $498,000 after buying an additional 2,341 shares in the last quarter.

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

NYSEARCA:RSPG opened at $114.07 on Friday. The company’s 50 day moving average price is $103.47 and its 200-day moving average price is $103.02. Invesco S&P 500 Equal Weight Energy ETF has a 52 week low of $74.20 and a 52 week high of $115.86. The stock has a market cap of $605.71 million, a price-to-earnings 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.