Envestnet Asset Management Inc. Sells 5,918 Shares of Invesco S&P 500 Equal Weight Energy ETF $RSPG

Envestnet Asset Management Inc. trimmed its position in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 38.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,557 shares of the company’s stock after selling 5,918 shares during the period. Envestnet Asset Management Inc. owned 0.18% of Invesco S&P 500 Equal Weight Energy ETF worth $761,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Flaharty Asset Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Energy ETF in the 3rd quarter worth about $35,816,000. Capital Wealth Alliance LLC increased its stake 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 valued at $547,000 after purchasing an additional 1,186 shares in the last quarter. Sylvest Advisors LLC lifted 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 valued at $466,000 after purchasing an additional 198 shares during the last quarter. Live Oak Investment Partners bought a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF in the 3rd quarter worth approximately $276,000. Finally, Arkadios Wealth Advisors boosted its position in shares of Invesco S&P 500 Equal Weight Energy ETF by 23.4% in the 3rd quarter. Arkadios Wealth Advisors now owns 9,017 shares of the company’s stock worth $718,000 after purchasing an additional 1,710 shares in the last quarter.

Invesco S&P 500 Equal Weight Energy ETF Stock Down 0.3%

Invesco S&P 500 Equal Weight Energy ETF stock opened at $100.88 on Thursday. Invesco S&P 500 Equal Weight Energy ETF has a twelve month low of $63.76 and a twelve month high of $103.11. The company has a market capitalization of $605.28 million, a P/E ratio of 13.87 and a beta of 0.87. The stock’s 50 day moving average is $89.20 and its 200 day moving average is $82.55.

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.