Invesco S&P 500 Equal Weight Energy ETF $RSPG Stock: Davis Investment Partners LLC Decreases Holdings

Davis Investment Partners LLC decreased its position in shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 16.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 25,080 shares of the company’s stock after selling 4,973 shares during the quarter. Invesco S&P 500 Equal Weight Energy ETF makes up about 0.8% of Davis Investment Partners LLC’s holdings, making the stock its 18th largest position. Davis Investment Partners LLC owned 0.44% of Invesco S&P 500 Equal Weight Energy ETF worth $2,695,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Walker Asset Management LLC increased its position in shares of Invesco S&P 500 Equal Weight Energy ETF by 2.0% during the second quarter. Walker Asset Management LLC now owns 6,698 shares of the company’s stock worth $656,000 after purchasing an additional 130 shares in the last quarter. Lido Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 4.9% in the 1st quarter. Lido Advisors LLC now owns 2,992 shares of the company’s stock valued at $328,000 after purchasing an additional 139 shares during the last quarter. Somerset Trust Co boosted its position in shares of Invesco S&P 500 Equal Weight Energy ETF by 1.2% in the 2nd quarter. Somerset Trust Co now owns 13,982 shares of the company’s stock valued at $1,370,000 after purchasing an additional 165 shares during the period. Longview Financial Advisors Inc. boosted its position in shares of Invesco S&P 500 Equal Weight Energy ETF by 4.3% in the 2nd quarter. Longview Financial Advisors Inc. now owns 6,039 shares of the company’s stock valued at $592,000 after purchasing an additional 251 shares during the period. Finally, Kestra Advisory Services LLC boosted its position in shares of Invesco S&P 500 Equal Weight Energy ETF by 1.4% in the 3rd quarter. Kestra Advisory Services LLC now owns 24,672 shares of the company’s stock valued at $2,651,000 after purchasing an additional 331 shares during the period.

Invesco S&P 500 Equal Weight Energy ETF Stock Up 0.9%

NYSEARCA:RSPG opened at $107.82 on Wednesday. The stock’s 50 day moving average price is $114.27 and its 200 day moving average price is $105.77. The company has a market capitalization of $605.95 million, a PE ratio of 13.87 and a beta of 0.52. Invesco S&P 500 Equal Weight Energy ETF has a 52-week low of $78.05 and a 52-week high of $121.27.

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.