Arkfeld Wealth Strategies L.L.C. lessened its position in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG – Free Report) by 36.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 44,162 shares of the company’s stock after selling 25,230 shares during the period. Invesco S&P 500 Equal Weight Energy ETF comprises about 1.3% of Arkfeld Wealth Strategies L.L.C.’s investment portfolio, making the stock its 22nd biggest holding. Arkfeld Wealth Strategies L.L.C.’s holdings in Invesco S&P 500 Equal Weight Energy ETF were worth $4,943,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the company. Lee Johnson Capital Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF during the first quarter valued at approximately $6,823,000. Valley Wealth Managers Inc. purchased a new position in Invesco S&P 500 Equal Weight Energy ETF in the 3rd quarter worth approximately $6,026,000. Ocean Park Asset Management LLC purchased a new position in Invesco S&P 500 Equal Weight Energy ETF in the 1st quarter worth approximately $4,501,000. Empowered Funds LLC bought a new position in Invesco S&P 500 Equal Weight Energy ETF in the 1st quarter valued at approximately $1,862,000. Finally, Vanguard Capital Wealth Advisors bought a new position in Invesco S&P 500 Equal Weight Energy ETF in the 2nd quarter valued at approximately $1,101,000.
Invesco S&P 500 Equal Weight Energy ETF Trading Down 0.6%
RSPG traded down $0.72 during trading on Monday, hitting $118.30. 19,766 shares of the company’s stock traded hands, compared to its average volume of 124,260. The company’s 50 day simple moving average is $113.22 and its two-hundred day simple moving average is $106.91. Invesco S&P 500 Equal Weight Energy ETF has a 12-month low of $75.80 and a 12-month high of $119.29. The stock has a market capitalization of $671.93 million, a price-to-earnings ratio of 13.87 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.
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