PKS Advisory Services LLC Buys Shares of 9,547 Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

PKS Advisory Services LLC purchased a new position in 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 purchased 9,547 shares of the company’s stock, valued at approximately $357,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC lifted its stake in Invesco S&P 500 Equal Weight Technology ETF by 13.7% in the 4th quarter. LPL Financial LLC now owns 1,618,579 shares of the company’s stock worth $60,567,000 after purchasing an additional 195,612 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth $49,421,000. Meitav Investment House Ltd. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth $48,732,000. Baltimore Washington Financial Advisors Inc. boosted its stake in 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 buying an additional 39,996 shares during the period. Finally, Independent Advisor Alliance bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth about $18,140,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Down 0.1 %

NYSEARCA:RSPT opened at $36.09 on Wednesday. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $32.03 and a twelve month high of $40.50. The stock has a market cap of $3.25 billion, a P/E ratio of 27.21 and a beta of 1.19. The business’s 50-day moving average price is $37.70 and its two-hundred day moving average price is $37.80.

Invesco S&P 500 Equal Weight Technology ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be given a dividend of $0.0441 per share. The ex-dividend date of this dividend is Monday, March 24th. This is a positive change from Invesco S&P 500 Equal Weight Technology ETF’s previous dividend of $0.04.

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.