Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG – Get Free Report)’s share price hit a new 52-week high on Tuesday. The stock traded as high as $118.24 and last traded at $118.21, with a volume of 180,481 shares. The stock had previously closed at $116.07.
Invesco S&P 500 Equal Weight Energy ETF Trading Up 1.8%
The firm has a market cap of $653.70 million, a PE ratio of 13.87 and a beta of 0.56. The stock has a 50 day simple moving average of $112.08 and a 200-day simple moving average of $106.72.
Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Energy ETF
Hedge funds have recently made changes to their positions in the business. Valley Wealth Managers Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF during the third quarter valued at approximately $6,026,000. First Heartland Consultants Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Energy ETF during the third quarter worth $298,000. Stonebridge Financial Group LLC grew its stake in Invesco S&P 500 Equal Weight Energy ETF by 3.4% during the third quarter. Stonebridge Financial Group LLC now owns 73,216 shares of the company’s stock valued at $7,868,000 after acquiring an additional 2,423 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Invesco S&P 500 Equal Weight Energy ETF by 65.2% during the second quarter. Envestnet Asset Management Inc. now owns 12,814 shares of the company’s stock valued at $1,255,000 after acquiring an additional 5,056 shares in the last quarter. Finally, Vanguard Capital Wealth Advisors purchased a new position in Invesco S&P 500 Equal Weight Energy ETF during the second quarter valued at $1,101,000.
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.
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