Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) Holdings Cut by Davis Investment Partners LLC

Davis Investment Partners LLC lessened its position in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 9.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,345 shares of the company’s stock after selling 5,215 shares during the period. Invesco S&P 500 Equal Weight Energy ETF comprises 1.6% of Davis Investment Partners LLC’s portfolio, making the stock its 10th largest holding. Davis Investment Partners LLC’s holdings in Invesco S&P 500 Equal Weight Energy ETF were worth $3,860,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Franklin Resources Inc. purchased a new stake in Invesco S&P 500 Equal Weight Energy ETF in the 3rd quarter valued at about $51,000. Howe & Rusling Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF in the third quarter worth approximately $51,000. Anchor Investment Management LLC purchased a new stake in Invesco S&P 500 Equal Weight Energy ETF in the third quarter valued at approximately $108,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 214.5% in 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 during the last quarter. Finally, Centaurus Financial Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF during the 2nd quarter valued at $137,000.

Invesco S&P 500 Equal Weight Energy ETF Stock Performance

Shares of RSPG traded up $1.87 during trading hours on Monday, hitting $81.71. The stock had a trading volume of 59,705 shares, compared to its average volume of 47,621. Invesco S&P 500 Equal Weight Energy ETF has a 12-month low of $68.97 and a 12-month high of $86.61. The firm has a market cap of $602.20 million, a P/E ratio of 11.59 and a beta of 0.56. The company’s fifty day simple moving average is $80.00 and its 200 day simple moving average is $79.28.

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.