Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Position Increased by Stephens Inc. AR

Stephens Inc. AR raised its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 5.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 99,160 shares of the company’s stock after acquiring an additional 5,181 shares during the period. Stephens Inc. AR’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $3,711,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of RSPT. AdvisorNet Financial Inc acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at approximately $25,000. Avior Wealth Management LLC grew its position in Invesco S&P 500 Equal Weight Technology ETF by 510.3% during the 4th quarter. Avior Wealth Management LLC now owns 885 shares of the company’s stock worth $33,000 after purchasing an additional 740 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 3rd quarter valued at $38,000. Peterson Financial Group Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the third quarter valued at $39,000. Finally, Decker Retirement Planning Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth $41,000.

Invesco S&P 500 Equal Weight Technology ETF Trading Up 1.2 %

NYSEARCA:RSPT opened at $39.33 on Tuesday. Invesco S&P 500 Equal Weight Technology ETF has a 1-year low of $32.03 and a 1-year high of $39.92. The firm has a market capitalization of $4.46 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69. The business’s fifty day moving average price is $38.49 and its 200 day moving average price is $37.53.

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.