Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE) Reaches New 12-Month High at $84.43

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE) shares reached a new 52-week high on Monday . The stock traded as high as $84.43 and last traded at $84.37, with a volume of 72629 shares. The stock had previously closed at $83.89.

Invesco S&P 500 Equal Weight Energy ETF Price Performance

The company’s 50-day moving average price is $79.51 and its two-hundred day moving average price is $75.72. The company has a market capitalization of $626.03 million, a price-to-earnings ratio of 12.22 and a beta of 0.65.

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

A number of large investors have recently bought and sold shares of the stock. Oarsman Capital Inc. grew 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 worth $4,126,000 after purchasing an additional 383 shares during the period. Joseph P. Lucia & Associates LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 1.9% in the third 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 in the last quarter. CWM LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 665.2% in the third quarter. CWM LLC now owns 505 shares of the company’s stock valued at $34,000 after buying an additional 439 shares in the last quarter. Tucker Asset Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Energy ETF in the third quarter valued at $55,000. Finally, Commonwealth Equity Services LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 2.8% in the third quarter. Commonwealth Equity Services LLC now owns 37,839 shares of the company’s stock valued at $2,520,000 after buying an additional 1,045 shares in the last quarter.

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.