Wilbanks Smith & Thomas Asset Management LLC Takes $397,000 Position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Wilbanks Smith & Thomas Asset Management LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 12,159 shares of the company’s stock, valued at approximately $397,000.

A number of other institutional investors have also added to or reduced their stakes in RSPT. Davis Investment Partners LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at about $54,638,000. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth about $46,132,000. Bouchey Financial Group Ltd bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at about $40,839,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter valued at about $31,987,000. Finally, Hennion & Walsh Asset Management Inc. acquired a new position in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter valued at about $14,492,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Up 1.6 %

Shares of Invesco S&P 500 Equal Weight Technology ETF stock opened at $33.36 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a 52 week low of $25.51 and a 52 week high of $35.97. The business has a 50 day moving average price of $34.29 and a 200-day moving average price of $32.19. The company has a market cap of $3.78 billion, a PE ratio of 27.74 and a beta of 1.65.

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.