Meitav Investment House Ltd. purchased a new position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) during the fourth quarter, HoldingsChannel reports. The fund purchased 1,303,367 shares of the company’s stock, valued at approximately $48,732,000.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. AdvisorNet Financial Inc purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at about $25,000. Avior Wealth Management LLC boosted its stake in Invesco S&P 500 Equal Weight Technology ETF by 510.3% during the fourth quarter. Avior Wealth Management LLC now owns 885 shares of the company’s stock valued at $33,000 after buying an additional 740 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF during the 3rd quarter valued at approximately $38,000. Peterson Financial Group Inc. bought a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 3rd quarter worth approximately $39,000. Finally, Decker Retirement Planning Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth approximately $41,000.
Invesco S&P 500 Equal Weight Technology ETF Stock Performance
RSPT stock opened at $40.28 on Thursday. The firm has a fifty day moving average price of $38.55 and a 200 day moving average price of $37.73. Invesco S&P 500 Equal Weight Technology ETF has a fifty-two week low of $32.03 and a fifty-two week high of $40.50. The firm has a market cap of $4.56 billion, a PE 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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