Ameriprise Financial Inc. Has $31.39 Million Stock Position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Ameriprise Financial Inc. lessened its position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 2.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 838,858 shares of the company’s stock after selling 24,803 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.74% of Invesco S&P 500 Equal Weight Technology ETF worth $31,391,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth $49,421,000. Meitav Investment House Ltd. acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at $48,732,000. Independent Advisor Alliance bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth about $18,140,000. Wells Fargo & Company MN boosted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 21.5% during the 4th quarter. Wells Fargo & Company MN now owns 2,561,272 shares of the company’s stock valued at $95,843,000 after acquiring an additional 452,376 shares in the last quarter. Finally, Prasad Wealth Partners LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at about $10,778,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Up 2.0%

Shares of RSPT opened at $38.39 on Wednesday. The company has a 50-day moving average price of $33.98 and a two-hundred day moving average price of $36.82. The stock has a market cap of $3.43 billion, a price-to-earnings ratio of 24.41 and a beta of 1.21. Invesco S&P 500 Equal Weight Technology ETF has a 12 month low of $28.52 and a 12 month high of $40.50.

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.