Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Get Free Report) saw an uptick in trading volume on Thursday. Approximately 1,591,160 shares traded hands during trading, an increase of 182% from the average daily volume of 564,133 shares. The stock last traded at $57.5860 and had previously closed at $61.30.
Invesco S&P 500 Equal Weight Technology ETF Stock Performance
The firm has a market cap of $5.41 billion, a P/E ratio of 26.94 and a beta of 1.37. The stock has a fifty day simple moving average of $64.91 and a 200 day simple moving average of $57.70.
Institutional Investors Weigh In On Invesco S&P 500 Equal Weight Technology ETF
Several hedge funds and other institutional investors have recently made changes to their positions in the business. NewEdge Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 12.3% during the second quarter. NewEdge Advisors LLC now owns 75,790 shares of the company’s stock valued at $4,888,000 after purchasing an additional 8,288 shares in the last quarter. Investor s Fiduciary Advisor Network LLC increased its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 73.6% in the second quarter. Investor s Fiduciary Advisor Network LLC now owns 56,334 shares of the company’s stock worth $3,633,000 after purchasing an additional 23,885 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the second quarter worth $621,000. Oakworth Capital Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the third quarter worth $659,000. Finally, Compass Financial Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 2nd quarter valued at $5,433,000.
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.
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