Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Stock Crosses Above 50 Day Moving Average – Here’s Why

Posted by Linda Flegge on Oct 28th, 2026

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Get Free Report)’s share price passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $65.27 and traded as high as $66.32. Invesco S&P 500 Equal Weight Technology ETF shares last traded at $66.16, with a volume of 783,165 shares changing hands.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

The company’s 50-day moving average price is $65.27 and its 200-day moving average price is $57.10. The company has a market cap of $6.22 billion, a P/E ratio of 26.94 and a beta of 1.34.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Technology ETF

Large investors have recently added to or reduced their stakes in 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 1st quarter. Bank of America Corp DE now owns 5,230,024 shares of the company’s stock valued at $236,711,000 after purchasing an additional 1,102,277 shares during the period. RMG Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the first quarter worth about $66,437,000. Cetera Investment Advisers boosted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 54.6% during the first quarter. Cetera Investment Advisers now owns 341,701 shares of the company’s stock worth $15,465,000 after buying an additional 120,625 shares during the period. Prasad Wealth Partners LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 1.8% during the first quarter. Prasad Wealth Partners LLC now owns 331,655 shares of the company’s stock worth $15,011,000 after buying an additional 5,931 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 5.6% during the second quarter. Envestnet Asset Management Inc. now owns 296,357 shares of the company’s stock worth $19,115,000 after buying an additional 15,633 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Company Profile

(Get Free Report)

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.