Global Wealth Strategies & Associates Acquires 16,961 Shares of Invesco S&P 500 Equal Weight Technology ETF $RSPT

Global Wealth Strategies & Associates lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 82.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 37,508 shares of the company’s stock after purchasing an additional 16,961 shares during the quarter. Invesco S&P 500 Equal Weight Technology ETF comprises about 0.5% of Global Wealth Strategies & Associates’ holdings, making the stock its 28th biggest position. Global Wealth Strategies & Associates’ holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $2,470,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. RMG Wealth Management LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF during the first quarter worth approximately $66,437,000. Bank of America Corp DE lifted its position in shares of 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. Chicago Wealth Management Inc. acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at $9,848,000. Atlas Capital Advisors Inc. purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth $8,607,000. Finally, Cetera Investment Advisers increased its holdings in Invesco S&P 500 Equal Weight Technology ETF by 54.6% in the 1st quarter. Cetera Investment Advisers now owns 341,701 shares of the company’s stock worth $15,465,000 after acquiring an additional 120,625 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Stock Up 2.4%

RSPT opened at $67.42 on Friday. The company has a market cap of $6.17 billion, a price-to-earnings ratio of 26.94 and a beta of 1.34. Invesco S&P 500 Equal Weight Technology ETF has a 52-week low of $41.45 and a 52-week high of $67.69. The firm’s fifty day simple moving average is $64.06 and its two-hundred day simple moving average is $59.25.

About Invesco S&P 500 Equal Weight Technology ETF

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.