Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) Sees Strong Trading Volume – Here’s What Happened

Shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) saw unusually-high trading volume on Thursday . Approximately 152,492 shares changed hands during mid-day trading, an increase of 151% from the previous session’s volume of 60,645 shares.The stock last traded at $81.40 and had previously closed at $82.24.

Invesco S&P 500 Equal Weight Energy ETF Trading Down 0.9 %

The firm has a market cap of $600.95 million, a P/E ratio of 11.59 and a beta of 0.56. The business’s fifty day simple moving average is $78.09 and its 200-day simple moving average is $79.56.

Institutional Investors Weigh In On Invesco S&P 500 Equal Weight Energy ETF

Large investors have recently modified their holdings of the stock. Whittier Trust Co. bought a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF during the 2nd quarter valued at about $81,000. International Assets Investment Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF during the 2nd quarter valued at about $106,000. Creative Financial Designs Inc. ADV boosted its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 214.5% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,695 shares of the company’s stock valued at $130,000 after purchasing an additional 1,156 shares in the last quarter. Centaurus Financial Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF during the 2nd quarter valued at about $137,000. Finally, HHM Wealth Advisors LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 79.9% during the 2nd quarter. HHM Wealth Advisors LLC now owns 2,071 shares of the company’s stock valued at $167,000 after purchasing an additional 920 shares in the last quarter.

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.