Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE) Hits New 12-Month High at $82.21

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE)’s stock price reached a new 52-week high on Monday . The company traded as high as $82.21 and last traded at $81.54, with a volume of 42116 shares. The stock had previously closed at $80.87.

Invesco S&P 500 Equal Weight Energy ETF Price Performance

The stock has a market capitalization of $600.73 million, a price-to-earnings ratio of 12.22 and a beta of 0.60. The stock has a 50 day moving average price of $80.44 and a 200-day moving average price of $75.78.

Institutional Trading of Invesco S&P 500 Equal Weight Energy ETF

Several large investors have recently added to or reduced their stakes in the stock. Oarsman Capital Inc. lifted its holdings in Invesco S&P 500 Equal Weight Energy ETF by 0.6% in the third quarter. Oarsman Capital Inc. now owns 61,941 shares of the company’s stock valued at $4,126,000 after acquiring an additional 383 shares during the last quarter. Joseph P. Lucia & Associates LLC raised its holdings in Invesco S&P 500 Equal Weight Energy ETF by 1.9% in the 3rd quarter. Joseph P. Lucia & Associates LLC now owns 23,480 shares of the company’s stock valued at $1,564,000 after buying an additional 436 shares during the period. Tucker Asset Management LLC acquired a new position in Invesco S&P 500 Equal Weight Energy ETF in the third quarter valued at about $55,000. Commonwealth Equity Services LLC boosted its stake in Invesco S&P 500 Equal Weight Energy ETF by 2.8% during the third quarter. Commonwealth Equity Services LLC now owns 37,839 shares of the company’s stock worth $2,520,000 after buying an additional 1,045 shares during the period. Finally, Stratos Wealth Partners LTD. raised its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 39.5% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 4,924 shares of the company’s stock valued at $328,000 after acquiring an additional 1,394 shares during the period.

About Invesco S&P 500 Equal Weight Energy ETF

The Invesco S&P 500 Equal Weight Energy ETF (RYE) 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. RYE was launched on Nov 1, 2006 and is managed by Invesco.