Private Advisor Group LLC Buys 3,432 Shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG)

Private Advisor Group LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 16.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,323 shares of the company’s stock after buying an additional 3,432 shares during the quarter. Private Advisor Group LLC’s holdings in Invesco S&P 500 Equal Weight Energy ETF were worth $1,991,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in RSPG. CIBC Private Wealth Group LLC purchased a new position in Invesco S&P 500 Equal Weight Energy ETF during the fourth quarter worth about $319,000. OneAscent Financial Services LLC purchased a new position in Invesco S&P 500 Equal Weight Energy ETF during the fourth quarter worth about $377,000. Oarsman Capital Inc. grew its position in Invesco S&P 500 Equal Weight Energy ETF by 5.7% during the fourth quarter. Oarsman Capital Inc. now owns 56,655 shares of the company’s stock worth $4,326,000 after buying an additional 3,062 shares in the last quarter. Anchor Investment Management LLC grew its position in Invesco S&P 500 Equal Weight Energy ETF by 129.0% during the fourth quarter. Anchor Investment Management LLC now owns 3,241 shares of the company’s stock worth $247,000 after buying an additional 1,826 shares in the last quarter. Finally, Tradition Wealth Management LLC grew its position in Invesco S&P 500 Equal Weight Energy ETF by 7.4% during the fourth quarter. Tradition Wealth Management LLC now owns 4,024 shares of the company’s stock worth $307,000 after buying an additional 279 shares in the last quarter.

Invesco S&P 500 Equal Weight Energy ETF Stock Up 0.6%

Invesco S&P 500 Equal Weight Energy ETF stock opened at $76.43 on Friday. Invesco S&P 500 Equal Weight Energy ETF has a 52 week low of $63.76 and a 52 week high of $86.61. The business has a 50-day simple moving average of $75.06 and a 200 day simple moving average of $76.57. The stock has a market cap of $431.07 million, a price-to-earnings ratio of 13.87 and a beta of 0.90.

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.