Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) Reaches New 12-Month High – Here’s What Happened

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) shares hit a new 52-week high on Tuesday . The company traded as high as $116.43 and last traded at $115.82, with a volume of 2617 shares traded. The stock had previously closed at $114.96.

Invesco S&P 500 Equal Weight Energy ETF Stock Performance

The company has a 50-day moving average of $105.33 and a 200-day moving average of $104.06. The stock has a market capitalization of $612.35 million, a price-to-earnings ratio of 13.87 and a beta of 0.49.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Energy ETF

Institutional investors have recently made changes to their positions in the stock. International Assets Investment Management LLC acquired a new position in Invesco S&P 500 Equal Weight Energy ETF in the 4th quarter valued at about $45,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight Energy ETF in the 4th quarter valued at about $55,000. Brown Brothers Harriman & Co. acquired a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF during the 4th quarter worth about $55,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF during the 4th quarter worth about $130,000. Finally, Centaurus Financial Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF during the 1st quarter worth about $135,000.

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.