IPG Investment Advisors LLC Takes $421,000 Position in Invesco S&P 500 Equal Weight Technology ETF $RSPT

IPG Investment Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,250 shares of the company’s stock, valued at approximately $421,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Optiver Holding B.V. bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the third quarter worth about $34,000. Halbert Hargrove Global Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at approximately $43,000. Collier Financial acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 3rd quarter worth approximately $62,000. Flagship Harbor Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth approximately $82,000. Finally, Advisors Preferred LLC lifted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 170.4% during the 3rd quarter. Advisors Preferred LLC now owns 2,101 shares of the company’s stock worth $95,000 after buying an additional 1,324 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Shares of RSPT stock opened at $62.53 on Friday. The stock’s fifty day simple moving average is $52.30 and its 200 day simple moving average is $48.36. Invesco S&P 500 Equal Weight Technology ETF has a one year low of $36.86 and a one year high of $63.03. The firm has a market cap of $5.46 billion, a price-to-earnings ratio of 26.94 and a beta of 1.29.

Invesco S&P 500 Equal Weight Technology ETF 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.