Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) Sees Strong Trading Volume – What’s Next?

Shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) saw strong trading volume on Tuesday . 180,908 shares traded hands during mid-day trading, an increase of 208% from the previous session’s volume of 58,764 shares.The stock last traded at $75.75 and had previously closed at $77.02.

Invesco S&P 500 Equal Weight Energy ETF Trading Down 0.9 %

The stock has a 50 day moving average of $80.67 and a 200-day moving average of $79.61. The stock has a market capitalization of $539.19 million, a P/E ratio of 11.59 and a beta of 0.56.

Institutional Investors Weigh In On Invesco S&P 500 Equal Weight Energy ETF

Several large investors have recently added to or reduced their stakes in RSPG. Franklin Resources Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF during the third quarter valued at approximately $51,000. Howe & Rusling Inc. purchased a new position in Invesco S&P 500 Equal Weight Energy ETF during the 3rd quarter worth $51,000. Whittier Trust Co. bought a new stake in Invesco S&P 500 Equal Weight Energy ETF during the 2nd quarter valued at $81,000. International Assets Investment Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF in the 2nd quarter worth $106,000. Finally, Anchor Investment Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Energy ETF during the 3rd quarter worth $108,000.

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.