Royal Bank of Canada Raises Holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Royal Bank of Canada grew its position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 1.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,070,020 shares of the company’s stock after buying an additional 10,207 shares during the quarter. Royal Bank of Canada owned 0.94% of Invesco S&P 500 Equal Weight Technology ETF worth $40,040,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Wells Fargo & Company MN lifted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 21.5% during the 4th quarter. Wells Fargo & Company MN now owns 2,561,272 shares of the company’s stock worth $95,843,000 after purchasing an additional 452,376 shares during the last quarter. LPL Financial LLC increased its position in Invesco S&P 500 Equal Weight Technology ETF by 13.7% during the 4th quarter. LPL Financial LLC now owns 1,618,579 shares of the company’s stock valued at $60,567,000 after buying an additional 195,612 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter valued at about $49,421,000. Meitav Investment House Ltd. acquired a new position in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter valued at about $48,732,000. Finally, Baltimore Washington Financial Advisors Inc. increased its position in Invesco S&P 500 Equal Weight Technology ETF by 3.9% during the 4th 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 in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Shares of NYSEARCA:RSPT opened at $37.41 on Friday. The business’s 50-day moving average is $34.43 and its 200 day moving average is $36.87. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $28.52 and a 1 year high of $40.50. The firm has a market capitalization of $3.28 billion, a P/E ratio of 26.45 and a beta of 1.21.

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.