Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Get Free Report) hit a new 52-week high during mid-day trading on Thursday. The stock traded as high as $67.65 and last traded at $67.3680, with a volume of 473585 shares trading hands. The stock had previously closed at $65.86.
Invesco S&P 500 Equal Weight Technology ETF Stock Performance
The stock has a market cap of $6.18 billion, a P/E ratio of 26.94 and a beta of 1.34. The stock has a fifty day simple moving average of $63.91 and a 200-day simple moving average of $59.10.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in RSPT. NewEdge Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 12.3% in the second quarter. NewEdge Advisors LLC now owns 75,790 shares of the company’s stock valued at $4,888,000 after acquiring an additional 8,288 shares during the period. Independent Financial Group LLC purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 1st quarter valued at about $412,000. Investor s Fiduciary Advisor Network LLC grew 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 during the last quarter. Optas LLC boosted its position in Invesco S&P 500 Equal Weight Technology ETF by 99.8% during the 1st quarter. Optas LLC now owns 37,114 shares of the company’s stock valued at $1,680,000 after acquiring an additional 18,537 shares in the last quarter. Finally, Global Wealth Strategies & Associates purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF in the second quarter worth about $1,325,000.
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.
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