Islay Capital Management LLC Purchases 9,594 Shares of Invesco S&P 500 Equal Weight Technology ETF $RSPT

Islay Capital Management LLC raised its position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 7.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 139,568 shares of the company’s stock after purchasing an additional 9,594 shares during the quarter. Invesco S&P 500 Equal Weight Technology ETF accounts for approximately 3.7% of Islay Capital Management LLC’s holdings, making the stock its 4th largest holding. Islay Capital Management LLC owned 0.16% of Invesco S&P 500 Equal Weight Technology ETF worth $6,352,000 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. Optiver Holding B.V. acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the 3rd quarter valued at about $34,000. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at about $43,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at about $48,000. Smartleaf Asset Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at about $75,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at about $82,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

NYSEARCA:RSPT opened at $64.73 on Tuesday. The stock’s 50-day simple moving average is $56.65 and its 200 day simple moving average is $50.03. The company has a market cap of $5.65 billion, a P/E ratio of 26.94 and a beta of 1.33. Invesco S&P 500 Equal Weight Technology ETF has a 52-week low of $38.47 and a 52-week high of $67.49.

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.