HBW Advisory Services LLC Increases Stock Position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

HBW Advisory Services LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 23.9% during the fourth quarter, Holdings Channel reports. The firm owned 12,555 shares of the company’s stock after purchasing an additional 2,421 shares during the quarter. HBW Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $470,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Choreo LLC raised its stake in Invesco S&P 500 Equal Weight Technology ETF by 9.2% during the 2nd quarter. Choreo LLC now owns 19,325 shares of the company’s stock valued at $707,000 after buying an additional 1,635 shares during the last quarter. ASB Consultores LLC increased its position in Invesco S&P 500 Equal Weight Technology ETF by 3.1% during the second quarter. ASB Consultores LLC now owns 11,138 shares of the company’s stock valued at $408,000 after acquiring an additional 340 shares during the last quarter. AE Wealth Management LLC increased its position in Invesco S&P 500 Equal Weight Technology ETF by 4.4% during the second quarter. AE Wealth Management LLC now owns 8,710 shares of the company’s stock valued at $319,000 after acquiring an additional 366 shares during the last quarter. Rockport Wealth LLC lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 4.8% in the second quarter. Rockport Wealth LLC now owns 21,854 shares of the company’s stock valued at $801,000 after acquiring an additional 1,004 shares during the period. Finally, Chicago Wealth Management Inc. boosted its position in Invesco S&P 500 Equal Weight Technology ETF by 3.5% in the second quarter. Chicago Wealth Management Inc. now owns 268,445 shares of the company’s stock worth $9,841,000 after purchasing an additional 9,079 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Stock Down 1.9 %

Invesco S&P 500 Equal Weight Technology ETF stock opened at $37.30 on Friday. The business has a 50-day simple moving average of $38.34 and a two-hundred day simple moving average of $37.31. Invesco S&P 500 Equal Weight Technology ETF has a 52-week low of $31.53 and a 52-week high of $39.66. The company has a market cap of $4.23 billion, a P/E 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.