Fortis Advisors LLC Has $2.80 Million Holdings in Invesco S&P 500 Equal Weight Energy ETF $RSPG

Fortis Advisors LLC cut its holdings in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 16.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,205 shares of the company’s stock after selling 6,854 shares during the period. Invesco S&P 500 Equal Weight Energy ETF comprises approximately 1.5% of Fortis Advisors LLC’s investment portfolio, making the stock its 18th biggest holding. Fortis Advisors LLC owned approximately 0.59% of Invesco S&P 500 Equal Weight Energy ETF worth $2,802,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in RSPG. International Assets Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF in the fourth quarter valued at approximately $45,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF in the fourth quarter valued at approximately $55,000. Reicon Wealth Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF in the fourth quarter valued at approximately $176,000. Geneos Wealth Management Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 188.2% in the second quarter. Geneos Wealth Management Inc. now owns 2,450 shares of the company’s stock valued at $182,000 after purchasing an additional 1,600 shares during the last quarter. Finally, Harbour Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF in the third quarter valued at approximately $205,000.

Invesco S&P 500 Equal Weight Energy ETF Stock Down 1.3%

NYSEARCA RSPG opened at $102.26 on Friday. Invesco S&P 500 Equal Weight Energy ETF has a 12-month low of $71.27 and a 12-month high of $114.01. The company has a market capitalization of $591.06 million, a PE ratio of 13.87 and a beta of 0.50. The firm’s 50 day moving average is $105.58 and its 200-day moving average is $93.98.

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.