Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $38.92 and last traded at $38.86, with a volume of 167266 shares changing hands. The stock had previously closed at $38.42.
Invesco S&P 500 Equal Weight Technology ETF Stock Performance
The business has a fifty day moving average of $37.13 and a 200-day moving average of $36.18. The company has a market capitalization of $4.42 billion, a P/E ratio of 25.99 and a beta of 1.69.
Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Technology ETF
A number of large investors have recently modified their holdings of RSPT. Blue Trust Inc. lifted its position in Invesco S&P 500 Equal Weight Technology ETF by 134.1% in the third quarter. Blue Trust Inc. now owns 5,163 shares of the company’s stock valued at $189,000 after purchasing an additional 2,958 shares during the last quarter. Oppenheimer & Co. Inc. boosted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 2.7% in the first quarter. Oppenheimer & Co. Inc. now owns 18,078 shares of the company’s stock worth $636,000 after acquiring an additional 468 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 72.6% in the third quarter. Sequoia Financial Advisors LLC now owns 16,408 shares of the company’s stock worth $619,000 after acquiring an additional 6,900 shares during the last quarter. Dynamic Advisor Solutions LLC raised its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 7.3% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 53,673 shares of the company’s stock worth $1,968,000 after purchasing an additional 3,635 shares during the last quarter. Finally, Strategic Financial Concepts LLC grew its position in Invesco S&P 500 Equal Weight Technology ETF by 3,520.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 265,390 shares of the company’s stock valued at $97,000 after purchasing an additional 258,060 shares during the last quarter.
Invesco S&P 500 Equal Weight Technology ETF Company Profile
The Invesco S&P 500 Equal Weight Technology ETF (RSPT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an equal-weighted index of S&P 500 technology companies. RSPT was launched on Nov 1, 2006 and is managed by Invesco.
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