PMG Wealth Management Inc. purchased a new position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,207 shares of the company’s stock, valued at approximately $232,000.
Other large investors also recently modified their holdings of the company. AdvisorNet Financial Inc purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth approximately $25,000. Avior Wealth Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 510.3% in the fourth quarter. Avior Wealth Management LLC now owns 885 shares of the company’s stock worth $33,000 after purchasing an additional 740 shares during the period. Allspring Global Investments Holdings LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the third quarter worth $38,000. Peterson Financial Group Inc. bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the third quarter valued at $39,000. Finally, Decker Retirement Planning Inc. purchased a new position in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth about $41,000.
Invesco S&P 500 Equal Weight Technology ETF Stock Down 3.2 %
NYSEARCA:RSPT opened at $38.69 on Friday. The stock has a market cap of $4.38 billion, a P/E ratio of 25.99 and a beta of 1.69. The business’s 50-day moving average price is $38.57 and its two-hundred day moving average price is $37.74. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $32.03 and a twelve month high of $40.49.
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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