Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $59.15 and last traded at $59.15, with a volume of 139323 shares changing hands. The stock had previously closed at $58.53.
Invesco S&P 500 Equal Weight Technology ETF Stock Performance
The stock’s 50-day moving average price is $50.49 and its 200-day moving average price is $47.70. The company has a market capitalization of $5.18 billion, a price-to-earnings ratio of 26.94 and a beta of 1.29.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. Western Wealth Management LLC purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 1st quarter valued at approximately $68,000. Orographic Financial Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 1st quarter valued at $577,000. NewEdge Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight Technology ETF by 5.2% during the 1st quarter. NewEdge Advisors LLC now owns 67,021 shares of the company’s stock valued at $3,033,000 after buying an additional 3,335 shares during the last quarter. Bank of America Corp DE grew its holdings in Invesco S&P 500 Equal Weight Technology ETF by 26.7% during the 1st quarter. Bank of America Corp DE now owns 5,230,024 shares of the company’s stock valued at $236,711,000 after buying an additional 1,102,277 shares during the last quarter. Finally, Arkadios Wealth Advisors acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 1st quarter valued at $297,000.
Invesco S&P 500 Equal Weight Technology ETF Company 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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