Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday. The company traded as high as $69.45 and last traded at $69.29, with a volume of 820069 shares trading hands. The stock had previously closed at $68.69.
Invesco S&P 500 Equal Weight Technology ETF Trading Down 1.2%
The firm’s 50 day simple moving average is $64.98 and its 200 day simple moving average is $60.03. The firm has a market cap of $6.24 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 hedge funds have recently made changes to their positions in the company. Bank of America Corp DE grew its holdings in Invesco S&P 500 Equal Weight Technology ETF by 26.7% during the 1st quarter. Bank of America Corp DE now owns 5,230,024 shares of the company’s stock valued at $236,711,000 after buying an additional 1,102,277 shares in the last quarter. RMG Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 1st quarter valued at approximately $66,437,000. Cetera Investment Advisers increased its position in Invesco S&P 500 Equal Weight Technology ETF by 54.6% in the first quarter. Cetera Investment Advisers now owns 341,701 shares of the company’s stock worth $15,465,000 after purchasing an additional 120,625 shares during the last quarter. Prasad Wealth Partners LLC raised its stake in Invesco S&P 500 Equal Weight Technology ETF by 1.8% during the first quarter. Prasad Wealth Partners LLC now owns 331,655 shares of the company’s stock valued at $15,011,000 after purchasing an additional 5,931 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in Invesco S&P 500 Equal Weight Technology ETF by 5.6% during the second quarter. Envestnet Asset Management Inc. now owns 296,357 shares of the company’s stock valued at $19,115,000 after purchasing an additional 15,633 shares in the last quarter.
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.
See Also
- Five stocks we like better than Invesco S&P 500 Equal Weight Technology ETF
- Want Private-Market Access to Kalshi and Polymarket? Try This ETF
- Levi’s Stock Dip Reveals Value Opportunity Despite Q3 Headwinds
- PepsiCo Stock Looks Poised to Bottom With High Yield, Deep Value
- Alphabet’s $1.8 Billion Black Hills Deal Powers AI Data Center Push
Receive News & Ratings for Invesco S&P 500 Equal Weight Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.
