Wells Fargo & Company MN Increases Stock Holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Wells Fargo & Company MN boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 21.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,561,272 shares of the company’s stock after buying an additional 452,376 shares during the period. Wells Fargo & Company MN owned approximately 2.26% of Invesco S&P 500 Equal Weight Technology ETF worth $95,843,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of RSPT. AdvisorNet Financial Inc purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at approximately $25,000. Assetmark Inc. boosted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 90.0% during the 4th quarter. Assetmark Inc. now owns 684 shares of the company’s stock valued at $26,000 after acquiring an additional 324 shares during the period. Avior Wealth Management LLC grew its position in Invesco S&P 500 Equal Weight Technology ETF by 510.3% in the 4th quarter. Avior Wealth Management LLC now owns 885 shares of the company’s stock valued at $33,000 after acquiring an additional 740 shares during the last quarter. Decker Retirement Planning Inc. purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth $41,000. Finally, Mainstream Capital Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth $41,000.

Invesco S&P 500 Equal Weight Technology ETF Trading Up 1.4 %

NYSEARCA RSPT opened at $30.32 on Tuesday. The stock has a market cap of $2.72 billion, a PE ratio of 22.74 and a beta of 1.21. Invesco S&P 500 Equal Weight Technology ETF has a 12 month low of $28.52 and a 12 month high of $40.50. The company’s 50-day moving average price is $36.72 and its 200-day moving average price is $37.62.

Invesco S&P 500 Equal Weight Technology ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.0441 per share. The ex-dividend date of this dividend was Monday, March 24th. This is a positive change from Invesco S&P 500 Equal Weight Technology ETF’s previous dividend of $0.04.

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.