StoneX Group Inc. Purchases 6,601 Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

StoneX Group Inc. grew its position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 1.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 429,372 shares of the company’s stock after purchasing an additional 6,601 shares during the period. Invesco S&P 500 Equal Weight Technology ETF makes up approximately 1.0% of StoneX Group Inc.’s investment portfolio, making the stock its 18th biggest position. StoneX Group Inc.’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $16,067,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth approximately $49,421,000. Meitav Investment House Ltd. purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter valued at approximately $48,732,000. Independent Advisor Alliance acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter valued at about $18,140,000. Prasad Wealth Partners LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at approximately $10,778,000. Finally, Allworth Financial LP grew its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 71,942.1% in the fourth quarter. Allworth Financial LP now owns 278,803 shares of the company’s stock valued at $11,080,000 after purchasing an additional 278,416 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

NYSEARCA RSPT opened at $34.20 on Tuesday. The stock’s fifty day moving average is $37.42 and its two-hundred day moving average is $37.78. 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 capitalization of $3.08 billion, a P/E ratio of 27.21 and a beta of 1.19.

Invesco S&P 500 Equal Weight Technology ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.0441 per share. The ex-dividend date was Monday, March 24th. This is a boost from Invesco S&P 500 Equal Weight Technology ETF’s previous dividend of $0.04.

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.