Wealth Enhancement Advisory Services LLC Acquires 6,185 Shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG)

Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 165.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,931 shares of the company’s stock after acquiring an additional 6,185 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.16% of Invesco S&P 500 Equal Weight Energy ETF worth $758,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in RSPG. Bank of America Corp DE boosted its stake in Invesco S&P 500 Equal Weight Energy ETF by 38.8% in the 4th quarter. Bank of America Corp DE now owns 819,329 shares of the company’s stock valued at $62,564,000 after purchasing an additional 228,857 shares during the period. Matauro LLC bought a new stake in Invesco S&P 500 Equal Weight Energy ETF in the 4th quarter valued at $19,846,000. Commonwealth Equity Services LLC boosted its stake in Invesco S&P 500 Equal Weight Energy ETF by 10.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 150,797 shares of the company’s stock valued at $11,515,000 after purchasing an additional 13,915 shares during the period. Raymond James Financial Inc. bought a new stake in Invesco S&P 500 Equal Weight Energy ETF in the 4th quarter valued at $10,079,000. Finally, HighTower Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight Energy ETF by 0.3% in the 4th quarter. HighTower Advisors LLC now owns 86,674 shares of the company’s stock valued at $6,618,000 after acquiring an additional 285 shares in the last quarter.

Invesco S&P 500 Equal Weight Energy ETF Stock Performance

NYSEARCA:RSPG opened at $75.03 on Wednesday. The stock has a fifty day moving average price of $71.55 and a 200-day moving average price of $77.13. The company has a market cap of $437.42 million, a price-to-earnings ratio of 14.92 and a beta of 0.90. Invesco S&P 500 Equal Weight Energy ETF has a fifty-two week low of $63.76 and a fifty-two week high of $86.61.

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.