Flaharty Asset Management LLC Reduces Holdings in Invesco S&P 500 Equal Weight Energy ETF $RSPG

Flaharty Asset Management LLC reduced its position in shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 2.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 437,740 shares of the company’s stock after selling 12,486 shares during the quarter. Invesco S&P 500 Equal Weight Energy ETF accounts for 4.3% of Flaharty Asset Management LLC’s investment portfolio, making the stock its 4th biggest holding. Flaharty Asset Management LLC owned approximately 0.07% of Invesco S&P 500 Equal Weight Energy ETF worth $34,838,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wakefield Asset Management LLLP bought a new stake in Invesco S&P 500 Equal Weight Energy ETF during the fourth quarter worth $417,000. Sanctuary Advisors LLC raised its position in Invesco S&P 500 Equal Weight Energy ETF by 132.2% during the fourth quarter. Sanctuary Advisors LLC now owns 11,295 shares of the company’s stock worth $899,000 after acquiring an additional 6,430 shares in the last quarter. Hills Bank & Trust Co bought a new stake in Invesco S&P 500 Equal Weight Energy ETF during the fourth quarter worth $587,000. Guild Investment Management Inc. bought a new stake in Invesco S&P 500 Equal Weight Energy ETF during the third quarter worth $5,218,000. Finally, Matauro LLC raised its position in Invesco S&P 500 Equal Weight Energy ETF by 6.4% during the fourth quarter. Matauro LLC now owns 268,561 shares of the company’s stock worth $21,373,000 after acquiring an additional 16,238 shares in the last quarter.

Invesco S&P 500 Equal Weight Energy ETF Trading Down 1.9%

NYSEARCA RSPG opened at $108.58 on Thursday. The firm’s fifty day moving average price is $105.23 and its two-hundred day moving average price is $92.76. Invesco S&P 500 Equal Weight Energy ETF has a 1 year low of $71.21 and a 1 year high of $114.01. The firm has a market capitalization of $627.59 million, a P/E ratio of 13.87 and a beta of 0.50.

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.