Acorn Wealth Advisors LLC increased its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) by 6.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,465 shares of the company’s stock after purchasing an additional 905 shares during the period. Acorn Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $579,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently bought and sold shares of RSPT. AdvisorNet Financial Inc purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth $25,000. Avior Wealth Management LLC increased its position 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 during the period. Allspring Global Investments Holdings LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF in the 3rd quarter worth $38,000. Peterson Financial Group Inc. acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 3rd quarter worth about $39,000. Finally, Decker Retirement Planning Inc. purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter valued at about $41,000.
Invesco S&P 500 Equal Weight Technology ETF Stock Performance
Shares of RSPT stock opened at $38.20 on Tuesday. Invesco S&P 500 Equal Weight Technology ETF has a fifty-two week low of $32.03 and a fifty-two week high of $40.49. The firm has a market capitalization of $4.33 billion, a PE ratio of 25.99 and a beta of 1.69. The stock’s 50-day simple moving average is $38.55 and its 200-day simple moving average is $37.86.
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.
Featured Stories
- Five stocks we like better than Invesco S&P 500 Equal Weight Technology ETF
- How is Compound Interest Calculated?
- Finding Hidden Gems: Unconventional Penny Stock Investing
- Why is the Ex-Dividend Date Significant to Investors?
- Price Targets on NVIDIA Rise in Front of Earnings
- Differences Between Momentum Investing and Long Term Investing
- Archer Aviation Stock Skids: Mistaking Progress for Bad News?
Want to see what other hedge funds are holding RSPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.