Retirement Planning Group LLC Makes New Investment in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Retirement Planning Group LLC acquired a new position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 18,941 shares of the company’s stock, valued at approximately $1,247,000.

Other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE raised its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 26.7% in the first quarter. Bank of America Corp DE now owns 5,230,024 shares of the company’s stock worth $236,711,000 after buying an additional 1,102,277 shares during the period. RMG Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 1st quarter valued at approximately $66,437,000. Cetera Investment Advisers grew its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 54.6% during the 1st quarter. Cetera Investment Advisers now owns 341,701 shares of the company’s stock valued at $15,465,000 after acquiring an additional 120,625 shares during the period. Prasad Wealth Partners LLC grew its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 1.8% during the 1st quarter. Prasad Wealth Partners LLC now owns 331,655 shares of the company’s stock valued at $15,011,000 after acquiring an additional 5,931 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in Invesco S&P 500 Equal Weight Technology ETF by 5.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 296,357 shares of the company’s stock worth $19,115,000 after acquiring an additional 15,633 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Trading Up 0.8%

NYSEARCA RSPT opened at $64.41 on Wednesday. Invesco S&P 500 Equal Weight Technology ETF has a 12 month low of $41.45 and a 12 month high of $69.45. The stock has a market cap of $6.06 billion, a price-to-earnings ratio of 26.94 and a beta of 1.34. The company’s 50 day moving average is $65.34 and its two-hundred day moving average is $61.17.

Invesco S&P 500 Equal Weight Technology ETF 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.