Janney Montgomery Scott LLC Cuts Stock Holdings in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG)

Janney Montgomery Scott LLC decreased its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 23.4% during the first quarter, according to its most recent filing with the SEC. The firm owned 13,950 shares of the company’s stock after selling 4,270 shares during the period. Janney Montgomery Scott LLC’s holdings in Invesco S&P 500 Equal Weight Energy ETF were worth $1,142,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Bank of America Corp DE increased its position in Invesco S&P 500 Equal Weight Energy ETF by 38.8% during the 4th quarter. Bank of America Corp DE now owns 819,329 shares of the company’s stock valued at $62,564,000 after purchasing an additional 228,857 shares during the period. Matauro LLC increased its position in Invesco S&P 500 Equal Weight Energy ETF by 8.4% during the 1st quarter. Matauro LLC now owns 281,718 shares of the company’s stock valued at $23,064,000 after purchasing an additional 21,814 shares during the period. Commonwealth Equity Services LLC increased its position in Invesco S&P 500 Equal Weight Energy ETF by 10.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 150,797 shares of the company’s stock valued at $11,515,000 after purchasing an additional 13,915 shares during the period. Raymond James Financial Inc. purchased a new position in Invesco S&P 500 Equal Weight Energy ETF during the 4th quarter valued at about $10,079,000. Finally, HighTower Advisors LLC increased its position in Invesco S&P 500 Equal Weight Energy ETF by 0.3% during the 4th quarter. HighTower Advisors LLC now owns 86,674 shares of the company’s stock valued at $6,618,000 after purchasing an additional 285 shares during the period.

Invesco S&P 500 Equal Weight Energy ETF Stock Performance

NYSEARCA RSPG opened at $74.80 on Friday. The company has a market capitalization of $427.86 million, a price-to-earnings ratio of 13.87 and a beta of 0.90. The company’s 50-day simple moving average is $73.50 and its two-hundred day simple moving average is $76.58. Invesco S&P 500 Equal Weight Energy ETF has a one year low of $63.76 and a one year high of $86.61.

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.