NewEdge Wealth LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) by 284.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 17,435 shares of the company’s stock after buying an additional 12,895 shares during the period. NewEdge Wealth LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $793,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Graham Capital Wealth Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 15.8% during the fourth quarter. Graham Capital Wealth Management LLC now owns 180,329 shares of the company’s stock valued at $8,207,000 after purchasing an additional 24,599 shares in the last quarter. Baltimore Washington Financial Advisors Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 24.5% during the third quarter. Baltimore Washington Financial Advisors Inc. now owns 1,392,499 shares of the company’s stock valued at $62,078,000 after purchasing an additional 274,166 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 7.4% during the third quarter. HighTower Advisors LLC now owns 409,930 shares of the company’s stock valued at $18,275,000 after purchasing an additional 28,130 shares in the last quarter. Ethos Capital Management Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at approximately $1,118,000. Finally, Zhang Financial LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the third quarter valued at approximately $485,000.
Invesco S&P 500 Equal Weight Technology ETF Stock Performance
NYSEARCA RSPT opened at $57.96 on Friday. The firm’s 50 day moving average price is $49.79 and its 200-day moving average price is $47.46. Invesco S&P 500 Equal Weight Technology ETF has a 52-week low of $36.75 and a 52-week high of $59.01. The company has a market cap of $5.06 billion, a PE ratio of 26.94 and a beta of 1.29.
About Invesco S&P 500 Equal Weight Technology ETF
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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