Invesco Energy S&P US Sector UCITS ETF - XLEP

Stock Discussions
1

This ETF tracks the S&P Select Sector Capped 20% Energy TR index, which measures S&P 500 firms in the Energy sector.

2

Evening peeps is this worth having a few shares in sounds pretty good

3

Why is this fund classified as “Renewable energy” on the Freetrade app?

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4

What’s a better description? Not sure understand what it tracks?

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5

I haven’t found the word “renewable” on the fund website, in the factsheet or the KIID document. The top couple of holdings are major oil & gas companies.

https://etf.invesco.com/gb/private/en/product/invesco-energy-sp-us-select-sector-ucits-etf-acc

I’m a newbie though, so I might be overlooking something

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6

You’re right. It just tracks the US energy sector as defined by S&P

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7

Thanks all, this has been updated

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8

Hi I’m trying to buy fraction of an S&P share but I cannot input it. I managed to do this for Coca-Cola. Is there a problem ?l

9

Do ETF have to be a whole share? Don’t think you can buy fractions

10

Hi @Oldhouse56

Fractional shares are only available on US stocks at the moment, all the ETF’s on the platform are UK listed so it whole shares only I’m afraid.

11

I would like to understand ? Aren’t these US stocks?

12

While the stocks inside the ETF might be US based stocks, the ETF itself isn’t. The ETF is traded in the UK market so can only be held in whole shares.

13

HHi what is happening to the price of these shares? Is there a reason for their decline ?