Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) Reaches New 12-Month High – What’s Next?

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) hit a new 52-week high during trading on Wednesday . The stock traded as high as $91.58 and last traded at $91.2620, with a volume of 3146 shares trading hands. The stock had previously closed at $87.56.

Invesco S&P 500 Equal Weight Energy ETF Price Performance

The stock has a market cap of $532.96 million, a PE ratio of 13.87 and a beta of 0.87. The company’s fifty day moving average is $82.70 and its 200-day moving average is $79.41.

Institutional Trading of Invesco S&P 500 Equal Weight Energy ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Ameritas Advisory Services LLC acquired a new position in Invesco S&P 500 Equal Weight Energy ETF in the second quarter valued at approximately $26,000. Hilltop National Bank purchased a new stake in Invesco S&P 500 Equal Weight Energy ETF during the second quarter worth $26,000. International Assets Investment Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Energy ETF during the fourth quarter valued at $45,000. Salomon & Ludwin LLC purchased a new position in Invesco S&P 500 Equal Weight Energy ETF in the second quarter valued at $57,000. Finally, Reicon Wealth Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Energy ETF in the fourth quarter worth about $176,000.

Invesco S&P 500 Equal Weight Energy ETF Company 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.