Fifth Third Bancorp Invests $1.21 Million in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Fifth Third Bancorp acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 26,694 shares of the company’s stock, valued at approximately $1,208,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth approximately $238,000. Goldman Sachs Group Inc. boosted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 172.9% in the first quarter. Goldman Sachs Group Inc. now owns 467,582 shares of the company’s stock valued at $15,991,000 after purchasing an additional 296,259 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF in the first quarter valued at approximately $3,490,000. Jane Street Group LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF in the first quarter valued at approximately $1,096,000. Finally, Focus Partners Wealth raised its holdings in Invesco S&P 500 Equal Weight Technology ETF by 612.3% during the first quarter. Focus Partners Wealth now owns 7,486 shares of the company’s stock worth $256,000 after purchasing an additional 6,435 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.7%

Shares of NYSEARCA:RSPT opened at $59.33 on Friday. The company has a market capitalization of $5.38 billion, a PE ratio of 26.94 and a beta of 1.33. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $40.29 and a twelve month high of $67.49. The firm has a 50 day simple moving average of $62.07 and a 200-day simple moving average of $53.25.

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.