Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Shares Bought by Activest Wealth Management

Activest Wealth Management lifted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 17.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 466,770 shares of the company’s stock after acquiring an additional 69,452 shares during the period. Invesco S&P 500 Equal Weight Technology ETF makes up about 4.9% of Activest Wealth Management’s investment portfolio, making the stock its 6th largest holding. Activest Wealth Management’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $17,467,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. AdvisorNet Financial Inc bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth approximately $25,000. Avior Wealth Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 510.3% in the 4th quarter. Avior Wealth Management LLC now owns 885 shares of the company’s stock valued at $33,000 after acquiring an additional 740 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the third quarter valued at about $38,000. Peterson Financial Group Inc. bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the third quarter worth about $39,000. Finally, Decker Retirement Planning Inc. acquired a new position in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at approximately $41,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Down 0.6 %

NYSEARCA:RSPT opened at $38.86 on Monday. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $32.03 and a twelve month high of $39.92. The firm has a market capitalization of $4.40 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69. The stock’s 50 day moving average price is $38.49 and its two-hundred day moving average price is $37.52.

Invesco S&P 500 Equal Weight Technology ETF 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.