Cushing Capital Partners LLC Makes New $510,000 Investment in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Cushing Capital Partners LLC 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 Securities and Exchange Commission (SEC). The institutional investor bought 13,616 shares of the company’s stock, valued at approximately $510,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. AdvisorNet Financial Inc acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth $25,000. Assetmark Inc. grew its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 90.0% during the fourth quarter. Assetmark Inc. now owns 684 shares of the company’s stock worth $26,000 after acquiring an additional 324 shares during the last quarter. Avior Wealth Management LLC grew its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 510.3% during the fourth quarter. Avior Wealth Management LLC now owns 885 shares of the company’s stock worth $33,000 after acquiring an additional 740 shares during the last quarter. Peterson Financial Group Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the third quarter worth about $39,000. Finally, Decker Retirement Planning Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth about $41,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

Invesco S&P 500 Equal Weight Technology ETF stock opened at $34.69 on Tuesday. The company has a 50-day simple moving average of $38.22 and a 200-day simple moving average of $37.88. The firm has a market capitalization of $3.21 billion, a P/E ratio of 28.55 and a beta of 1.19. Invesco S&P 500 Equal Weight Technology ETF has a one year low of $32.03 and a one year high of $40.49.

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.