Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) Shares Sold by Requisite Capital Management LLC

Requisite Capital Management LLC reduced its stake in shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 40.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,403 shares of the company’s stock after selling 5,115 shares during the period. Requisite Capital Management LLC owned about 0.10% of Invesco S&P 500 Equal Weight Energy ETF worth $565,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Howe & Rusling Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF during the 3rd quarter valued at approximately $51,000. Franklin Resources Inc. bought a new stake in Invesco S&P 500 Equal Weight Energy ETF during the third quarter valued at $51,000. Anchor Investment Management LLC bought a new stake in Invesco S&P 500 Equal Weight Energy ETF during the third quarter valued at $108,000. Creative Financial Designs Inc. ADV raised its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 214.5% during the third quarter. Creative Financial Designs Inc. ADV now owns 1,695 shares of the company’s stock worth $130,000 after purchasing an additional 1,156 shares during the period. Finally, Centaurus Financial Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Energy ETF in the 2nd quarter worth about $137,000.

Invesco S&P 500 Equal Weight Energy ETF Price Performance

NYSEARCA:RSPG opened at $82.99 on Friday. The firm has a market capitalization of $611.64 million, a P/E ratio of 11.59 and a beta of 0.56. The business has a 50 day simple moving average of $80.43 and a 200 day simple moving average of $79.55. Invesco S&P 500 Equal Weight Energy ETF has a 12-month low of $70.71 and a 12-month high of $86.61.

Invesco S&P 500 Equal Weight Energy ETF Company 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.