D.A. Davidson & CO. Makes New $703,000 Investment in Invesco S&P 500 Equal Weight Technology ETF $RSPT

D.A. Davidson & CO. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,678 shares of the company’s stock, valued at approximately $703,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in RSPT. RMG Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the first quarter valued at $66,437,000. Bank of America Corp DE raised its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 26.7% in 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 purchasing an additional 1,102,277 shares in the last quarter. Kingswood Wealth Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 5,005.7% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 267,234 shares of the company’s stock valued at $17,600,000 after purchasing an additional 262,000 shares during the period. Cetera Investment Advisers boosted its stake 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 in the last quarter. Finally, Legacy Private Trust Co. acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 3rd quarter worth approximately $6,498,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Up 0.8%

Shares of RSPT stock opened at $57.45 on Friday. The company has a 50 day moving average of $64.91 and a 200-day moving average of $57.70. Invesco S&P 500 Equal Weight Technology ETF has a 12-month low of $41.45 and a 12-month high of $69.45. The firm has a market cap of $5.41 billion, a P/E ratio of 26.94 and a beta of 1.37.

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.