Arbor Investment Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) by 24.5% during the 2nd quarter, Holdings Channel reports. The firm owned 8,320 shares of the company’s stock after purchasing an additional 1,638 shares during the quarter. Arbor Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $339,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also bought and sold shares of the company. Pflug Koory LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the second quarter worth about $33,000. Bristlecone Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 1st quarter worth approximately $34,000. North Capital Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 1st quarter worth approximately $58,000. Founders Capital Management acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 2nd quarter worth approximately $63,000. Finally, Salem Investment Counselors Inc. bought a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 2nd quarter valued at $82,000.
Invesco S&P 500 Equal Weight Technology ETF Price Performance
Shares of Invesco S&P 500 Equal Weight Technology ETF stock opened at $44.68 on Monday. The business has a fifty day simple moving average of $43.12 and a two-hundred day simple moving average of $39.64. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $28.52 and a 1 year high of $46.02. The company has a market capitalization of $4.02 billion, a price-to-earnings ratio of 26.94 and a beta of 1.21.
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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