Zhang Financial LLC Buys New Stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Zhang Financial LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) during the fourth quarter, Holdings Channel reports. The firm bought 10,680 shares of the company’s stock, valued at approximately $349,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Tiller Private Wealth Inc. acquired a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at $237,000. SFE Investment Counsel acquired a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at $624,000. Oakworth Capital Inc. acquired a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at $326,000. Allen Capital Group LLC acquired a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at $2,484,000. Finally, SVB Wealth LLC acquired a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at $838,000.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 1.8 %

NYSEARCA:RSPT opened at $32.12 on Friday. The firm has a market capitalization of $3.64 billion, a PE ratio of 27.74 and a beta of 1.65. The firm’s fifty day simple moving average is $34.44 and its 200 day simple moving average is $31.85. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $25.50 and a 1 year high of $35.97.

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.