Invesco S&P 500 Equal Weight Technology ETF $RSPT Stock: Lido Advisors LLC Increases Holdings

Lido Advisors LLC raised its position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 16.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 126,276 shares of the company’s stock after acquiring an additional 17,837 shares during the period. Lido Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $8,317,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE increased its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 26.7% during the first quarter. Bank of America Corp DE now owns 5,230,024 shares of the company’s stock worth $236,711,000 after purchasing an additional 1,102,277 shares in the last quarter. RMG Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 1st quarter valued at $66,437,000. StoneX Group Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 3rd quarter valued at $22,628,000. Cetera Investment Advisers boosted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 54.6% in the 1st quarter. Cetera Investment Advisers now owns 341,701 shares of the company’s stock worth $15,465,000 after purchasing an additional 120,625 shares in the last quarter. Finally, Commonwealth Equity Services LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the 3rd quarter worth $22,307,000.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Shares of RSPT stock opened at $61.09 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a 1-year low of $41.45 and a 1-year high of $69.45. The stock’s fifty day moving average price is $64.61 and its 200 day moving average price is $57.96. The company has a market cap of $5.72 billion, a price-to-earnings ratio of 26.66 and a beta of 1.38.

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.