Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) by 347.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 135,125 shares of the company’s stock after acquiring an additional 104,932 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $6,150,000 as of its most recent SEC filing.
A number of other institutional investors have also bought and sold shares of RSPT. Optiver Holding B.V. bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the third quarter valued at $34,000. Halbert Hargrove Global Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at $43,000. Collier Financial bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the third quarter valued at $62,000. Flagship Harbor Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at $82,000. Finally, Advisors Preferred LLC boosted 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 during the last quarter.
Invesco S&P 500 Equal Weight Technology ETF Trading Up 2.7%
Shares of RSPT opened at $60.94 on Friday. The stock has a market capitalization of $5.32 billion, a P/E ratio of 26.94 and a beta of 1.29. The firm’s fifty day simple moving average is $51.04 and its two-hundred day simple moving average is $47.89. Invesco S&P 500 Equal Weight Technology ETF has a 12 month low of $36.75 and a 12 month high of $61.16.
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.
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