Farmers & Merchants Investments Inc. purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) during the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 3,710 shares of the company’s stock, valued at approximately $131,000.
Several other institutional investors and hedge funds have also modified their holdings of the business. Wells Fargo & Company MN bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at $63,463,000. Davis Investment Partners LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth approximately $54,638,000. Raymond James Financial Services Advisors Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth $46,132,000. Bouchey Financial Group Ltd acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at about $40,839,000. Finally, UBS Group AG bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth approximately $40,007,000.
Invesco S&P 500 Equal Weight Technology ETF Stock Performance
Shares of NYSEARCA:RSPT traded up $0.09 during midday trading on Tuesday, reaching $36.69. The company’s stock had a trading volume of 146,635 shares, compared to its average volume of 481,568. Invesco S&P 500 Equal Weight Technology ETF has a fifty-two week low of $26.09 and a fifty-two week high of $37.28. The firm has a 50 day moving average price of $35.11 and a two-hundred day moving average price of $34.14. The firm has a market capitalization of $4.16 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69.
Invesco S&P 500 Equal Weight Technology ETF 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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Want to see what other hedge funds are holding RSPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report).
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