Envestnet Asset Management Inc. Cuts Stake in Invesco S&P 500 Equal Weight Energy ETF $RSPG

Envestnet Asset Management Inc. reduced its position in shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 38.2% in the third quarter, Holdings Channel reports. The firm owned 9,557 shares of the company’s stock after selling 5,918 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Invesco S&P 500 Equal Weight Energy ETF were worth $761,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Jane Street Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF during the first quarter valued at approximately $392,000. Simplex Trading LLC bought a new position in Invesco S&P 500 Equal Weight Energy ETF in the 2nd quarter valued at approximately $186,000. Rothschild Investment LLC lifted its position in Invesco S&P 500 Equal Weight Energy ETF by 4.0% in the 2nd quarter. Rothschild Investment LLC now owns 7,898 shares of the company’s stock valued at $588,000 after acquiring an additional 304 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Invesco S&P 500 Equal Weight Energy ETF by 79.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 16,575 shares of the company’s stock valued at $1,235,000 after purchasing an additional 7,324 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 100.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,300 shares of the company’s stock worth $246,000 after purchasing an additional 1,654 shares in the last quarter.

Invesco S&P 500 Equal Weight Energy ETF Price Performance

RSPG stock opened at $100.88 on Thursday. The stock has a market capitalization of $605.28 million, a P/E ratio of 13.87 and a beta of 0.87. Invesco S&P 500 Equal Weight Energy ETF has a 1-year low of $63.76 and a 1-year high of $103.11. The business has a fifty day moving average price of $89.20 and a 200-day moving average price of $82.55.

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.