338,698 Shares of Invesco S&P 500 Equal Weight Technology ETF $RSPT Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) during the third quarter, HoldingsChannel.com reports. The institutional investor purchased 338,698 shares of the company’s stock, valued at approximately $22,307,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. NewEdge Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 12.3% in the 2nd quarter. NewEdge Advisors LLC now owns 75,790 shares of the company’s stock valued at $4,888,000 after purchasing an additional 8,288 shares during the last quarter. Investor s Fiduciary Advisor Network LLC increased its holdings 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 valued at $3,633,000 after purchasing an additional 23,885 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the second quarter valued at approximately $621,000. Oakworth Capital Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the third quarter worth approximately $659,000. Finally, Compass Financial Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the second quarter worth approximately $5,433,000.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Invesco S&P 500 Equal Weight Technology ETF stock opened at $59.67 on Tuesday. The business has a 50 day simple moving average of $64.81 and a 200-day simple moving average of $57.76. 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 capitalization of $5.62 billion, a PE ratio of 26.94 and a beta of 1.37.

About Invesco S&P 500 Equal Weight Technology ETF

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.