Zhang Financial LLC Purchases Shares of 10,890 Invesco S&P 500 Equal Weight Technology ETF $RSPT

Zhang Financial LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) in the third quarter, HoldingsChannel reports. The firm acquired 10,890 shares of the company’s stock, valued at approximately $485,000.

Several other large investors have also modified their holdings of the business. Optiver Holding B.V. bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the third quarter valued at approximately $34,000. Patten Group Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 13.2% in the 3rd quarter. Patten Group Inc. now owns 50,193 shares of the company’s stock valued at $2,238,000 after acquiring an additional 5,859 shares during the last quarter. Advisors Preferred LLC raised its position in Invesco S&P 500 Equal Weight Technology ETF by 170.4% during the third quarter. Advisors Preferred LLC now owns 2,101 shares of the company’s stock valued at $95,000 after acquiring an additional 1,324 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in Invesco S&P 500 Equal Weight Technology ETF by 21.0% in the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,229 shares of the company’s stock valued at $278,000 after buying an additional 1,080 shares in the last quarter. Finally, Y.D. More Investments Ltd increased its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 3.8% in the 3rd quarter. Y.D. More Investments Ltd now owns 12,040 shares of the company’s stock valued at $537,000 after purchasing an additional 440 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

NYSEARCA:RSPT opened at $47.47 on Thursday. The stock has a market capitalization of $4.12 billion, a PE ratio of 26.94 and a beta of 1.26. Invesco S&P 500 Equal Weight Technology ETF has a fifty-two week low of $28.52 and a fifty-two week high of $48.96. The company has a fifty day moving average of $46.81 and a two-hundred day moving average of $45.07.

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.