Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) Sees Unusually-High Trading Volume – What’s Next?

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPGGet Free Report) saw an uptick in trading volume on Tuesday . 281,967 shares were traded during trading, an increase of 133% from the previous session’s volume of 121,229 shares.The stock last traded at $88.3830 and had previously closed at $89.40.

Invesco S&P 500 Equal Weight Energy ETF Price Performance

The business has a 50-day simple moving average of $82.49 and a 200 day simple moving average of $79.31. The firm has a market cap of $518.61 million, a PE ratio of 13.87 and a beta of 0.87.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Energy ETF

A number of hedge funds have recently modified their holdings of RSPG. Friedenthal Financial increased its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 2.3% in the second quarter. Friedenthal Financial now owns 7,144 shares of the company’s stock worth $532,000 after purchasing an additional 161 shares in the last quarter. Sylvest Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 3.5% during the 3rd quarter. Sylvest Advisors LLC now owns 5,854 shares of the company’s stock valued at $466,000 after buying an additional 198 shares in the last quarter. Rothschild Investment LLC boosted its holdings 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 worth $588,000 after buying an additional 304 shares during the period. Ameritas Advisory Services LLC bought a new position in Invesco S&P 500 Equal Weight Energy ETF in the 2nd quarter worth $26,000. Finally, Hilltop National Bank purchased a new stake in Invesco S&P 500 Equal Weight Energy ETF in the 2nd quarter worth $26,000.

About Invesco S&P 500 Equal Weight Energy ETF

(Get Free Report)

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.

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