Brookstone Capital Management Increases Holdings in Invesco S&P 500 Equal Weight Energy ETF

Brookstone Capital Management has increased its stake in the Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) by 5.6% during the third quarter of the year. According to the firm’s recent Form 13F filing with the Securities and Exchange Commission, Brookstone now holds 16,741 shares after purchasing an additional 882 shares during this period. As of the latest filing, these holdings are valued at approximately $1,283,000.

Other institutional investors have also recently made adjustments to their stakes in RSPG. Oarsman Capital Inc. invested in Invesco S&P 500 Equal Weight Energy ETF in the fourth quarter, acquiring shares worth about $4,177,000. Similarly, PNC Financial Services Group Inc. added a new stake valued at $30,000, and &PARTNERS purchased shares worth $582,000 during the first quarter. Worth Asset Management LLC also joined the ranks by buying shares valued at $656,000, and Davis Investment Partners LLC boosted their position by 149.7% in the first quarter, increasing their total to 28,625 shares, valued at $2,450,000.

Stock Performance of RSPG

The shares of Invesco S&P 500 Equal Weight Energy ETF opened at $81.52. The stock's performance can be analyzed with a 50-day moving average of $78.02 and a 200-day moving average of $80.26. The ETF holds a market capitalization of approximately $600.80 million, a P/E ratio of 11.59, and a beta of 0.56. Over the past year, the stock has hit a low of $68.97 and a high of $86.59.

Overview of Invesco S&P 500 Equal Weight Energy ETF

The Invesco S&P 500 Equal Weight Energy ETF (RSPG) is designed to track an equal-weighted index comprised of U.S. energy companies that are part of the S&P 500. This fund, managed by Invesco, was launched on November 1, 2006, and offers investors exposure to an array of energy equities with an equal weighting approach.

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For information on other hedge funds that are holding RSPG, you may want to check for the latest 13F filings and insider trading reports related to Invesco S&P 500 Equal Weight Energy ETF.

Invesco, RSPG, Investment