Janney Montgomery Scott LLC Reduces Holdings in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG)

Janney Montgomery Scott LLC cut its stake in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 31.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,509 shares of the company’s stock after selling 8,060 shares during the period. Janney Montgomery Scott LLC owned about 0.24% of Invesco S&P 500 Equal Weight Energy ETF worth $1,342,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Beck Capital Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 1,331.1% in the 1st quarter. Beck Capital Management LLC now owns 52,895 shares of the company’s stock valued at $4,395,000 after acquiring an additional 49,199 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF during the second quarter worth about $3,100,000. Davis Investment Partners LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 111.4% during the second quarter. Davis Investment Partners LLC now owns 60,524 shares of the company’s stock worth $4,870,000 after buying an additional 31,899 shares during the last quarter. Cetera Investment Advisers acquired a new position in Invesco S&P 500 Equal Weight Energy ETF in the 1st quarter valued at about $1,720,000. Finally, Axxcess Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Energy ETF during the 1st quarter worth approximately $795,000.

Invesco S&P 500 Equal Weight Energy ETF Price Performance

Invesco S&P 500 Equal Weight Energy ETF stock opened at $83.28 on Friday. The business has a 50 day simple moving average of $78.42 and a 200-day simple moving average of $79.52. Invesco S&P 500 Equal Weight Energy ETF has a 12 month low of $68.97 and a 12 month high of $86.59. The stock has a market capitalization of $613.77 million, a PE ratio of 11.59 and a beta of 0.56.

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.