Financial Guidance Group Inc. Takes $1.72 Million Position in Invesco S&P 500 Equal Weight Energy ETF $RSPG

Financial Guidance Group Inc. purchased a new stake in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 23,119 shares of the company’s stock, valued at approximately $1,722,000. Financial Guidance Group Inc. owned approximately 0.41% of Invesco S&P 500 Equal Weight Energy ETF as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 2,831.8% during the 1st quarter. Jones Financial Companies Lllp now owns 106,454 shares of the company’s stock worth $8,715,000 after purchasing an additional 102,823 shares during the last quarter. Arkfeld Wealth Strategies L.L.C. lifted its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 736.1% in the 2nd quarter. Arkfeld Wealth Strategies L.L.C. now owns 114,096 shares of the company’s stock valued at $8,610,000 after purchasing an additional 100,449 shares during the last quarter. LPL Financial LLC boosted its holdings in Invesco S&P 500 Equal Weight Energy ETF by 57.1% in the first quarter. LPL Financial LLC now owns 200,742 shares of the company’s stock worth $16,435,000 after purchasing an additional 72,960 shares in the last quarter. Flaharty Asset Management LLC increased its position in Invesco S&P 500 Equal Weight Energy ETF by 20.4% during the first quarter. Flaharty Asset Management LLC now owns 403,170 shares of the company’s stock worth $33,008,000 after buying an additional 68,223 shares during the last quarter. Finally, Stephens Inc. AR bought a new position in Invesco S&P 500 Equal Weight Energy ETF during the first quarter valued at about $816,000.

Invesco S&P 500 Equal Weight Energy ETF Price Performance

Shares of NYSEARCA:RSPG opened at $74.95 on Friday. The stock has a market capitalization of $395.74 million, a P/E ratio of 13.87 and a beta of 0.90. The business has a 50-day moving average of $77.44 and a two-hundred day moving average of $75.05. Invesco S&P 500 Equal Weight Energy ETF has a fifty-two week low of $63.76 and a fifty-two week 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.