Focus Financial Network Inc. Raises Holdings in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Focus Financial Network Inc. lifted its position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 144.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 84,835 shares of the company’s stock after purchasing an additional 50,131 shares during the quarter. Focus Financial Network Inc.’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $5,472,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Astoria Portfolio Advisors LLC. boosted its stake in Invesco S&P 500 Equal Weight Technology ETF by 0.8% during the first quarter. Astoria Portfolio Advisors LLC. now owns 25,877 shares of the company’s stock valued at $1,171,000 after buying an additional 199 shares during the last quarter. NWF Advisory Services Inc. increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 3.4% in the 1st quarter. NWF Advisory Services Inc. now owns 6,050 shares of the company’s stock worth $274,000 after acquiring an additional 200 shares during the last quarter. Kovack Advisors Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 1.3% during the 4th quarter. Kovack Advisors Inc. now owns 17,222 shares of the company’s stock worth $784,000 after acquiring an additional 225 shares in the last quarter. Summit Financial LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 5.1% during the 4th quarter. Summit Financial LLC now owns 5,831 shares of the company’s stock worth $265,000 after acquiring an additional 281 shares in the last quarter. Finally, Signaturefd LLC boosted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 12.7% during the 4th quarter. Signaturefd LLC now owns 2,676 shares of the company’s stock valued at $122,000 after acquiring an additional 301 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

RSPT stock opened at $64.65 on Monday. The firm has a fifty day moving average price of $62.27 and a 200 day moving average price of $54.33. Invesco S&P 500 Equal Weight Technology ETF has a fifty-two week low of $40.35 and a fifty-two week high of $67.49. The firm has a market cap of $5.87 billion, a PE ratio of 26.94 and a beta of 1.33.

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.