Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Get Free Report) crossed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $65.27 and traded as high as $66.32. Invesco S&P 500 Equal Weight Technology ETF shares last traded at $66.16, with a volume of 783,165 shares trading hands.
Invesco S&P 500 Equal Weight Technology ETF Trading Down 1.3%
The business’s 50 day moving average is $65.34 and its two-hundred day moving average is $57.30. The company has a market cap of $6.14 billion, a PE ratio of 26.94 and a beta of 1.34.
Institutional Investors Weigh In On Invesco S&P 500 Equal Weight Technology ETF
A number of institutional investors and hedge funds have recently bought and sold shares of RSPT. NewEdge Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 12.3% in the second quarter. NewEdge Advisors LLC now owns 75,790 shares of the company’s stock worth $4,888,000 after purchasing an additional 8,288 shares during the last quarter. Investor s Fiduciary Advisor Network LLC lifted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 73.6% in the second quarter. Investor s Fiduciary Advisor Network LLC now owns 56,334 shares of the company’s stock worth $3,633,000 after buying an additional 23,885 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the second quarter valued at approximately $621,000. Greenleaf Trust boosted its stake in Invesco S&P 500 Equal Weight Technology ETF by 451.0% during the second quarter. Greenleaf Trust now owns 65,239 shares of the company’s stock valued at $4,228,000 after buying an additional 53,399 shares during the last quarter. Finally, Compass Financial Management LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the second quarter valued at approximately $5,433,000.
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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