Transcend Capital Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) in the fourth quarter, HoldingsChannel reports. The firm acquired 79,483 shares of the company’s stock, valued at approximately $2,594,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Davis Investment Partners LLC purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth about $54,638,000. Raymond James Financial Services Advisors Inc. acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth about $46,132,000. Bouchey Financial Group Ltd acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth about $40,839,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth about $31,987,000. Finally, Hennion & Walsh Asset Management Inc. acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth about $14,492,000.
Invesco S&P 500 Equal Weight Technology ETF Price Performance
NYSEARCA:RSPT traded up $0.29 during mid-day trading on Friday, reaching $33.51. The company’s stock had a trading volume of 351,947 shares, compared to its average volume of 544,488. The company’s fifty day simple moving average is $34.35 and its two-hundred day simple moving average is $32.05. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $25.50 and a twelve month high of $35.97. The stock has a market cap of $3.80 billion, a P/E ratio of 27.74 and a beta of 1.65.
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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Want to see what other hedge funds are holding RSPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report).
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