Valley National Advisers Inc. Purchases New Stake in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Valley National Advisers Inc. acquired a new position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 46,879 shares of the company’s stock, valued at approximately $3,087,000.

A number of other hedge funds have also recently made changes to their positions in RSPT. Kaydan Wealth Management Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 1.3% in the 3rd quarter. Kaydan Wealth Management Inc. now owns 12,599 shares of the company’s stock valued at $830,000 after purchasing an additional 162 shares in the last quarter. Astoria Portfolio Advisors LLC. grew its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 0.8% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 25,877 shares of the company’s stock valued at $1,171,000 after purchasing an additional 199 shares during the last quarter. NWF Advisory Services Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 3.4% during the 1st quarter. NWF Advisory Services Inc. now owns 6,050 shares of the company’s stock valued at $274,000 after purchasing an additional 200 shares during the last quarter. CX Institutional raised its position in Invesco S&P 500 Equal Weight Technology ETF by 5.5% in the 3rd quarter. CX Institutional now owns 4,772 shares of the company’s stock worth $314,000 after purchasing an additional 247 shares during the period. Finally, Concurrent Investment Advisors LLC raised its position in Invesco S&P 500 Equal Weight Technology ETF by 6.5% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 5,775 shares of the company’s stock worth $373,000 after purchasing an additional 354 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Stock Up 0.4%

Invesco S&P 500 Equal Weight Technology ETF stock opened at $64.23 on Friday. The company has a market capitalization of $6.03 billion, a PE ratio of 26.94 and a beta of 1.34. The firm has a fifty day simple moving average of $65.24 and a two-hundred day simple moving average of $61.45. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $41.45 and a twelve month high of $69.45.

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.