Ocean Park Asset Management LLC Invests $4.50 Million in Invesco S&P 500 Equal Weight Energy ETF $RSPG

Ocean Park Asset Management LLC purchased a new stake in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) in the first quarter, HoldingsChannel reports. The firm purchased 41,114 shares of the company’s stock, valued at approximately $4,501,000.

A number of other institutional investors and hedge funds also recently modified their holdings of RSPG. Matauro LLC raised its position in shares of Invesco S&P 500 Equal Weight Energy ETF by 6.4% in the 4th quarter. Matauro LLC now owns 268,561 shares of the company’s stock valued at $21,373,000 after acquiring an additional 16,238 shares during the period. Lee Johnson Capital Management LLC acquired a new position in Invesco S&P 500 Equal Weight Energy ETF during the first quarter valued at approximately $6,823,000. Oarsman Capital Inc. increased its stake in Invesco S&P 500 Equal Weight Energy ETF by 4.7% in the fourth quarter. Oarsman Capital Inc. now owns 57,879 shares of the company’s stock valued at $4,606,000 after purchasing an additional 2,585 shares in the last quarter. Stonebridge Financial Group LLC increased its stake in Invesco S&P 500 Equal Weight Energy ETF by 4.4% in the fourth quarter. Stonebridge Financial Group LLC now owns 56,467 shares of the company’s stock valued at $4,494,000 after purchasing an additional 2,358 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in Invesco S&P 500 Equal Weight Energy ETF by 402.6% in the second quarter. BNP Paribas Financial Markets now owns 50,256 shares of the company’s stock worth $3,743,000 after purchasing an additional 40,256 shares during the period.

Invesco S&P 500 Equal Weight Energy ETF Stock Performance

RSPG opened at $97.27 on Monday. The firm’s fifty day moving average is $103.96 and its two-hundred day moving average is $96.37. The firm has a market cap of $562.22 million, a PE ratio of 13.87 and a beta of 0.47. Invesco S&P 500 Equal Weight Energy ETF has a twelve month low of $73.30 and a twelve month high of $114.01.

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.