NewEdge Wealth LLC raised its position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) by 284.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,435 shares of the company’s stock after purchasing an additional 12,895 shares during the quarter. NewEdge Wealth LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $793,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. Optiver Holding B.V. bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the 3rd quarter worth about $34,000. Halbert Hargrove Global Advisors LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth about $43,000. Collier Financial bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the 3rd quarter worth about $62,000. Flagship Harbor Advisors LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth about $82,000. Finally, Advisors Preferred LLC grew its stake in Invesco S&P 500 Equal Weight Technology ETF by 170.4% in the 3rd quarter. Advisors Preferred LLC now owns 2,101 shares of the company’s stock worth $95,000 after acquiring an additional 1,324 shares in the last quarter.
Invesco S&P 500 Equal Weight Technology ETF Price Performance
Shares of RSPT stock opened at $57.96 on Friday. The company has a market capitalization of $5.06 billion, a P/E ratio of 26.94 and a beta of 1.29. The company’s 50-day simple moving average is $49.79 and its two-hundred day simple moving average is $47.46. Invesco S&P 500 Equal Weight Technology ETF has a one year low of $36.75 and a one year high of $59.01.
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.
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