Great Valley Advisor Group Inc. Invests $1.39 Million in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG)

Great Valley Advisor Group Inc. bought a new stake in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) in the 4th quarter, HoldingsChannel.com reports. The firm bought 18,893 shares of the company’s stock, valued at approximately $1,393,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV bought a new stake in Invesco S&P 500 Equal Weight Energy ETF during the 4th quarter worth approximately $29,000. Global Retirement Partners LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Energy ETF during the 4th quarter valued at $30,000. Harbor Investment Advisory LLC bought a new position in shares of Invesco S&P 500 Equal Weight Energy ETF during the 4th quarter worth $33,000. Capital Investment Advisory Services LLC bought a new position in shares of Invesco S&P 500 Equal Weight Energy ETF during the 4th quarter worth $36,000. Finally, Householder Group Estate & Retirement Specialist LLC purchased a new stake in Invesco S&P 500 Equal Weight Energy ETF in the 4th quarter worth about $40,000.

Invesco S&P 500 Equal Weight Energy ETF Stock Up 0.4 %

NYSEARCA RSPG opened at $80.87 on Friday. The company has a market cap of $596.01 million, a PE ratio of 12.22 and a beta of 0.65. The firm’s 50-day simple moving average is $81.11 and its two-hundred day simple moving average is $76.29. Invesco S&P 500 Equal Weight Energy ETF has a 52 week low of $63.19 and a 52 week high of $86.59.

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.