Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) Hits New 1-Year High – Here’s What Happened

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $103.11 and last traded at $101.56, with a volume of 63724 shares. The stock had previously closed at $99.78.

Invesco S&P 500 Equal Weight Energy ETF Stock Performance

The stock has a market capitalization of $609.37 million, a PE ratio of 13.87 and a beta of 0.87. The business’s 50-day moving average is $87.87 and its two-hundred day moving average is $82.04.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Energy ETF in the fourth quarter valued at about $45,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF in the 4th quarter valued at approximately $55,000. Brown Brothers Harriman & Co. purchased a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF in the fourth quarter valued at approximately $55,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF in the fourth quarter valued at approximately $130,000. Finally, Reicon Wealth Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight Energy ETF during the fourth quarter worth $176,000.

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.