Northwest Wealth Advisors LLC Invests $636,000 in Invesco S&P 500 Equal Weight Energy ETF $RSPG

Northwest Wealth Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 7,992 shares of the company’s stock, valued at approximately $636,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Sylvest Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 3.5% during the third quarter. Sylvest Advisors LLC now owns 5,854 shares of the company’s stock worth $466,000 after buying an additional 198 shares in the last quarter. International Assets Investment Management LLC bought a new position in Invesco S&P 500 Equal Weight Energy ETF in the fourth quarter valued at about $45,000. Truist Financial Corp boosted its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 9.8% during the fourth quarter. Truist Financial Corp now owns 6,384 shares of the company’s stock valued at $508,000 after purchasing an additional 572 shares in the last quarter. Longview Financial Advisors Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 16.0% during the third quarter. Longview Financial Advisors Inc. now owns 7,261 shares of the company’s stock valued at $578,000 after purchasing an additional 1,004 shares in the last quarter. Finally, Capital Wealth Alliance LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 20.8% during the third quarter. Capital Wealth Alliance LLC now owns 6,876 shares of the company’s stock worth $547,000 after purchasing an additional 1,186 shares during the last quarter.

Invesco S&P 500 Equal Weight Energy ETF Price Performance

NYSEARCA:RSPG opened at $107.16 on Friday. Invesco S&P 500 Equal Weight Energy ETF has a one year low of $71.21 and a one year high of $114.01. The company has a market cap of $619.38 million, a PE ratio of 13.87 and a beta of 0.50. The firm’s 50 day simple moving average is $105.37 and its 200 day simple moving average is $92.96.

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.