Friedenthal Financial Raises Holdings in Invesco S&P 500 Equal Weight Energy ETF $RSPG

Friedenthal Financial lifted its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 2.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,144 shares of the company’s stock after buying an additional 161 shares during the period. Friedenthal Financial’s holdings in Invesco S&P 500 Equal Weight Energy ETF were worth $532,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Ameritas Advisory Services LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Energy ETF during the 2nd quarter worth approximately $26,000. Hilltop National Bank purchased a new position in shares of Invesco S&P 500 Equal Weight Energy ETF during the 2nd quarter worth approximately $26,000. Truist Financial Corp raised its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 23.3% during the 2nd quarter. Truist Financial Corp now owns 5,786 shares of the company’s stock worth $431,000 after buying an additional 1,095 shares in the last quarter. Sylvest Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 9.3% during the 2nd quarter. Sylvest Advisors LLC now owns 5,656 shares of the company’s stock worth $421,000 after buying an additional 482 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 4.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 20,368 shares of the company’s stock worth $1,517,000 after buying an additional 936 shares in the last quarter.

Invesco S&P 500 Equal Weight Energy ETF Trading Up 0.2%

Shares of RSPG stock opened at $79.94 on Wednesday. The company has a market cap of $422.08 million, a price-to-earnings ratio of 13.87 and a beta of 0.90. The stock has a 50 day simple moving average of $77.22 and a 200-day simple moving average of $75.26. Invesco S&P 500 Equal Weight Energy ETF has a 12-month low of $63.76 and a 12-month high of $86.61.

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.