Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Get Free Report) saw unusually-strong trading volume on Thursday. Approximately 1,591,160 shares were traded during mid-day trading, an increase of 182% from the average daily volume of 564,133 shares. The stock last traded at $57.5860 and had previously closed at $61.30.
Invesco S&P 500 Equal Weight Technology ETF Stock Down 7.0%
The stock has a 50-day simple moving average of $65.21 and a two-hundred day simple moving average of $57.59. The firm has a market cap of $5.38 billion, a PE ratio of 26.94 and a beta of 1.37.
Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Technology ETF
Large investors have recently modified their holdings of the company. Blue Bell Private Wealth Management LLC purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF in the third quarter worth approximately $34,000. West Branch Capital LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the second quarter valued at approximately $35,000. GAMMA Investing LLC grew its position in Invesco S&P 500 Equal Weight Technology ETF by 932.9% during the third quarter. GAMMA Investing LLC now owns 723 shares of the company’s stock valued at $48,000 after acquiring an additional 653 shares during the last quarter. Root Financial Partners LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the first quarter worth approximately $33,000. Finally, Markowski Investments purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the second quarter worth approximately $64,000.
Invesco S&P 500 Equal Weight Technology ETF Company 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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