484,774 Shares in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Acquired by Independent Advisor Alliance

Independent Advisor Alliance bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 484,774 shares of the company’s stock, valued at approximately $18,140,000.

Other institutional investors have also made changes to their positions in the company. D.A. Davidson & CO. increased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 8.9% during the 4th quarter. D.A. Davidson & CO. now owns 15,713 shares of the company’s stock worth $588,000 after acquiring an additional 1,278 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth approximately $1,050,000. Aptus Capital Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 12.8% during the 3rd quarter. Aptus Capital Advisors LLC now owns 5,639 shares of the company’s stock worth $213,000 after acquiring an additional 639 shares during the last quarter. Beck Capital Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 30.0% during the 3rd quarter. Beck Capital Management LLC now owns 11,272 shares of the company’s stock worth $425,000 after acquiring an additional 2,602 shares during the last quarter. Finally, Cerity Partners LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 4.5% during the 3rd quarter. Cerity Partners LLC now owns 263,000 shares of the company’s stock worth $9,915,000 after acquiring an additional 11,395 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Shares of NYSEARCA RSPT opened at $35.92 on Monday. The stock’s fifty day moving average price is $38.28 and its two-hundred day moving average price is $37.89. Invesco S&P 500 Equal Weight Technology ETF has a one year low of $32.03 and a one year high of $40.49. The firm has a market cap of $3.32 billion, a price-to-earnings ratio of 28.55 and a beta of 1.19.

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.