Commonwealth Equity Services LLC Purchases 30,263 Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Commonwealth Equity Services LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 7.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 420,657 shares of the company’s stock after buying an additional 30,263 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $15,741,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in RSPT. Raymond James Financial Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth $49,421,000. Meitav Investment House Ltd. bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter valued at about $48,732,000. Baltimore Washington Financial Advisors Inc. grew its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 3.9% during the fourth quarter. Baltimore Washington Financial Advisors Inc. now owns 1,071,011 shares of the company’s stock valued at $40,077,000 after purchasing an additional 39,996 shares in the last quarter. Independent Advisor Alliance bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth about $18,140,000. Finally, Activest Wealth Management lifted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 17.5% in the fourth quarter. Activest Wealth Management now owns 466,770 shares of the company’s stock worth $17,467,000 after buying an additional 69,452 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

NYSEARCA RSPT opened at $35.83 on Tuesday. Invesco S&P 500 Equal Weight Technology ETF has a 1-year low of $32.03 and a 1-year high of $40.50. The business has a 50 day simple moving average of $37.94 and a two-hundred day simple moving average of $37.81. The stock has a market capitalization of $3.31 billion, a PE ratio of 28.55 and a beta of 1.19.

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.