Lodestar Private Asset Management LLC Raises Stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Lodestar Private Asset Management LLC increased its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 6.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,747 shares of the company’s stock after purchasing an additional 383 shares during the quarter. Lodestar Private Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $252,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Carnegie Investment Counsel raised its holdings in Invesco S&P 500 Equal Weight Technology ETF by 6.2% during the third quarter. Carnegie Investment Counsel now owns 17,672 shares of the company’s stock worth $666,000 after purchasing an additional 1,027 shares during the last quarter. Redhawk Wealth Advisors Inc. raised its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 1.2% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 101,463 shares of the company’s stock worth $3,825,000 after buying an additional 1,229 shares during the last quarter. Creative Planning boosted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 40.9% in the 3rd quarter. Creative Planning now owns 73,833 shares of the company’s stock worth $2,783,000 after buying an additional 21,436 shares in the last quarter. Raub Brock Capital Management LP grew its stake in Invesco S&P 500 Equal Weight Technology ETF by 0.3% in the 3rd quarter. Raub Brock Capital Management LP now owns 143,957 shares of the company’s stock valued at $5,427,000 after acquiring an additional 457 shares during the last quarter. Finally, IFG Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF during the 3rd quarter valued at about $227,000.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.6 %

Shares of RSPT opened at $38.86 on Friday. The company has a 50-day moving average of $38.48 and a two-hundred day moving average of $37.50. The stock has a market cap of $4.40 billion, a P/E ratio of 25.99 and a beta of 1.69. Invesco S&P 500 Equal Weight Technology ETF has a 12-month low of $32.03 and a 12-month high of $39.92.

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.