Flaharty Asset Management LLC Cuts Stake in Invesco S&P 500 Equal Weight Energy ETF $RSPG

Flaharty Asset Management LLC lowered its stake in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 2.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 437,740 shares of the company’s stock after selling 12,486 shares during the quarter. Invesco S&P 500 Equal Weight Energy ETF comprises approximately 4.3% of Flaharty Asset Management LLC’s investment portfolio, making the stock its 4th biggest holding. Flaharty Asset Management LLC owned 7.30% of Invesco S&P 500 Equal Weight Energy ETF worth $34,838,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Sylvest Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 3.5% in the third quarter. Sylvest Advisors LLC now owns 5,854 shares of the company’s stock valued at $466,000 after purchasing an additional 198 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF in the fourth quarter valued at approximately $45,000. Truist Financial Corp raised its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 9.8% in the fourth quarter. Truist Financial Corp now owns 6,384 shares of the company’s stock valued at $508,000 after purchasing an additional 572 shares during the last quarter. Longview Financial Advisors Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 16.0% in the third quarter. Longview Financial Advisors Inc. now owns 7,261 shares of the company’s stock valued at $578,000 after purchasing an additional 1,004 shares during the last quarter. Finally, Capital Wealth Alliance LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 20.8% in the third quarter. Capital Wealth Alliance LLC now owns 6,876 shares of the company’s stock valued at $547,000 after purchasing an additional 1,186 shares during the last quarter.

Invesco S&P 500 Equal Weight Energy ETF Stock Down 1.9%

NYSEARCA RSPG opened at $108.58 on Thursday. Invesco S&P 500 Equal Weight Energy ETF has a 12-month low of $71.21 and a 12-month high of $114.01. The company has a market capitalization of $627.59 million, a PE ratio of 13.87 and a beta of 0.50. The firm’s 50 day moving average is $105.23 and its 200-day moving average is $92.76.

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.