HighTower Advisors LLC Has $1.92 Million Stock Position in Invesco S&P 500 Equal Weight Energy ETF $RSPG

HighTower Advisors LLC lessened its position in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 70.4% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 24,123 shares of the company’s stock after selling 57,284 shares during the period. HighTower Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Energy ETF were worth $1,920,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Geneos Wealth Management Inc. raised its position in shares of Invesco S&P 500 Equal Weight Energy ETF by 188.2% during the second quarter. Geneos Wealth Management Inc. now owns 2,450 shares of the company’s stock worth $182,000 after purchasing an additional 1,600 shares during the period. Simplex Trading LLC bought a new stake in Invesco S&P 500 Equal Weight Energy ETF during the 2nd quarter valued at $186,000. LM Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight Energy ETF during the second quarter worth $228,000. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco S&P 500 Equal Weight Energy ETF by 100.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,300 shares of the company’s stock worth $246,000 after buying an additional 1,654 shares during the last quarter. Finally, Live Oak Investment Partners bought a new position in shares of Invesco S&P 500 Equal Weight Energy ETF in the third quarter valued at $276,000.

Invesco S&P 500 Equal Weight Energy ETF Price Performance

Shares of NYSEARCA RSPG opened at $99.78 on Friday. The company has a 50-day moving average price of $87.87 and a 200-day moving average price of $81.99. The stock has a market capitalization of $598.68 million, a P/E ratio of 13.87 and a beta of 0.87. Invesco S&P 500 Equal Weight Energy ETF has a 1 year low of $63.76 and a 1 year high of $100.29.

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.