Empirical Financial Services LLC d.b.a. Empirical Wealth Management Invests $210,000 in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 5,149 shares of the company’s stock, valued at approximately $210,000.

A number of other hedge funds have also recently made changes to their positions in RSPT. Kingstone Capital Partners Texas LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the second quarter worth about $219,602,000. Goldman Sachs Group Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 172.9% in the first quarter. Goldman Sachs Group Inc. now owns 467,582 shares of the company’s stock worth $15,991,000 after acquiring an additional 296,259 shares during the period. LPL Financial LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 17.5% in the first quarter. LPL Financial LLC now owns 1,902,073 shares of the company’s stock worth $65,051,000 after acquiring an additional 283,494 shares during the period. Jones Financial Companies Lllp boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 572.7% in the first quarter. Jones Financial Companies Lllp now owns 188,755 shares of the company’s stock worth $6,455,000 after acquiring an additional 160,697 shares during the period. Finally, Atlas Capital Advisors Inc. boosted its stake in Invesco S&P 500 Equal Weight Technology ETF by 487.8% during the first quarter. Atlas Capital Advisors Inc. now owns 155,145 shares of the company’s stock valued at $5,306,000 after buying an additional 128,750 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 1.4%

Shares of Invesco S&P 500 Equal Weight Technology ETF stock opened at $44.99 on Wednesday. The stock has a 50 day moving average of $42.54 and a 200 day moving average of $39.05. Invesco S&P 500 Equal Weight Technology ETF has a 12 month low of $28.52 and a 12 month high of $46.02. The firm has a market cap of $4.05 billion, a PE ratio of 26.94 and a beta of 1.21.

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.