Moulton Wealth Management Inc. bought a new position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 14,615 shares of the company’s stock, valued at approximately $933,000.
Several other institutional investors and hedge funds have also recently modified their holdings of RSPT. RMG Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 1st quarter worth about $66,437,000. Bank of America Corp DE raised its holdings in Invesco S&P 500 Equal Weight Technology ETF by 26.7% in the first quarter. Bank of America Corp DE now owns 5,230,024 shares of the company’s stock worth $236,711,000 after buying an additional 1,102,277 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 172.9% in the first quarter. Goldman Sachs Group Inc. now owns 467,582 shares of the company’s stock worth $15,991,000 after buying an additional 296,259 shares in the last quarter. Chicago Wealth Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at approximately $9,848,000. Finally, Atlas Capital Advisors Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at approximately $8,607,000.
Invesco S&P 500 Equal Weight Technology ETF Stock Up 5.5%
Shares of NYSEARCA RSPT opened at $64.66 on Wednesday. The firm has a market cap of $5.87 billion, a P/E ratio of 26.94 and a beta of 1.33. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $40.35 and a twelve month high of $67.49. The company has a 50 day moving average of $62.21 and a 200 day moving average of $53.97.
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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