Invesco S&P 500 Equal Weight Energy ETF
RYE
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- MA United States of America
- IPO Date
- Jan 2, 2009
- CIK
- 0001208211
- Similar Companies
- Business
- Invesco S&P 500 Equal Weight Energy ETF (RYE), now trading under the ticker RSPG following a change effective June 6, 2023, is an exchange-traded fund that seeks to track the performance of the S&P 500 Equal Weight Energy Plus Index, which equally weights securities in the energy sector of the S&P 500 Index. The fund invests at least 90% of its total assets in common stocks comprising the index, focusing on companies engaged in the exploration and production, refining and marketing, storage and transportation of oil, gas, coal, and consumable fuels; as well as providers of oil and gas equipment and services. The fund and its underlying index are rebalanced quarterly, with primary holdings concentrated in oil, gas, and consumable fuels (approximately 86%) and energy equipment and services (approximately 14%), including top positions in companies such as Kinder Morgan Inc., Williams Cos Inc., and Exxon Mobil Corp. Launched on November 1, 2006, and managed by Invesco Ltd., headquartered in Atlanta, Georgia, the ETF operates primarily in U.S. markets, holding approximately 24 large- and mid-cap energy stocks with 100% geographic exposure to the United States. Performance reflects a prior reorganization on April 6, 2018, incorporating returns from a Guggenheim predecessor fund, and an index methodology shift effective March 18, 2022, from the S&P 500 Equal Weight Energy Index to the S&P 500 Equal Weight Energy Plus Index. The ETF distributes quarterly dividends, with recent payouts including $0.539 per share in September 2024 and $0.456 per share in June 2024, targeting institutional and retail investors seeking equal-weighted exposure to the energy sector amid market volatility. No additional major acquisitions, partnerships, funding rounds, or strategic expansions specific to this fund have been reported in the last two years beyond the noted ticker and index adjustments.