First Trust Advisors LP Purchases Shares of 15,260 Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

First Trust Advisors LP bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 15,260 shares of the company’s stock, valued at approximately $571,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Wells Fargo & Company MN raised its holdings 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 worth $95,843,000 after acquiring an additional 452,376 shares in the last quarter. LPL Financial LLC lifted its position in Invesco S&P 500 Equal Weight Technology ETF by 13.7% in the fourth quarter. LPL Financial LLC now owns 1,618,579 shares of the company’s stock worth $60,567,000 after buying an additional 195,612 shares during the last quarter. Raymond James Financial Inc. bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at $49,421,000. Meitav Investment House Ltd. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at $48,732,000. Finally, Baltimore Washington Financial Advisors Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 3.9% in the 4th quarter. Baltimore Washington Financial Advisors Inc. now owns 1,071,011 shares of the company’s stock worth $40,077,000 after acquiring an additional 39,996 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Trading Up 0.0 %

RSPT stock opened at $35.93 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a 12 month low of $28.52 and a 12 month high of $40.50. The stock has a market cap of $3.21 billion, a PE ratio of 24.41 and a beta of 1.21. The company has a 50-day moving average price of $33.90 and a 200 day moving average price of $36.82.

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.