Stonebridge Financial Group LLC Takes $4.50 Million Position in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG)

Stonebridge Financial Group LLC acquired a new position in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 58,933 shares of the company’s stock, valued at approximately $4,500,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Arkfeld Wealth Strategies L.L.C. bought a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF in the 4th quarter worth $1,172,000. EQ Wealth Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight Energy ETF in the 4th quarter worth about $1,055,000. BNP Paribas Financial Markets bought a new stake in Invesco S&P 500 Equal Weight Energy ETF in the 3rd quarter worth about $766,000. Jane Street Group LLC purchased a new position in Invesco S&P 500 Equal Weight Energy ETF in the 3rd quarter worth about $640,000. Finally, Flow Traders U.S. LLC bought a new position in Invesco S&P 500 Equal Weight Energy ETF during the 3rd quarter valued at about $485,000.

Invesco S&P 500 Equal Weight Energy ETF Stock Up 2.7 %

Shares of NYSEARCA RSPG opened at $81.44 on Tuesday. The firm’s 50-day moving average price is $79.56 and its 200-day moving average price is $79.48. Invesco S&P 500 Equal Weight Energy ETF has a 52-week low of $71.31 and a 52-week high of $86.61. The company has a market cap of $600.21 million, a PE ratio of 11.59 and a beta of 0.56.

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.