Concurrent Investment Advisors LLC Takes $3.26 Million Position in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Concurrent Investment Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 80,030 shares of the company’s stock, valued at approximately $3,264,000. Concurrent Investment Advisors LLC owned about 0.09% of Invesco S&P 500 Equal Weight Technology ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Walker Asset Management LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 0.4% in the second quarter. Walker Asset Management LLC now owns 83,453 shares of the company’s stock valued at $3,403,000 after purchasing an additional 296 shares during the last quarter. American Financial Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 1.1% in the first quarter. American Financial Advisors LLC now owns 36,874 shares of the company’s stock valued at $1,261,000 after purchasing an additional 400 shares during the last quarter. Secure Asset Management LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 0.8% in the second quarter. Secure Asset Management LLC now owns 53,954 shares of the company’s stock valued at $2,200,000 after purchasing an additional 418 shares during the last quarter. Dakota Wealth Management raised its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 5.6% in the first quarter. Dakota Wealth Management now owns 9,559 shares of the company’s stock valued at $327,000 after purchasing an additional 511 shares during the last quarter. Finally, Kestra Advisory Services LLC increased its holdings in Invesco S&P 500 Equal Weight Technology ETF by 0.4% during the first quarter. Kestra Advisory Services LLC now owns 124,066 shares of the company’s stock worth $4,243,000 after buying an additional 548 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

Shares of RSPT stock opened at $44.72 on Tuesday. The firm has a market cap of $4.02 billion, a price-to-earnings ratio of 26.94 and a beta of 1.21. Invesco S&P 500 Equal Weight Technology ETF has a 52 week low of $28.52 and a 52 week high of $46.02. The firm’s 50-day simple moving average is $42.82 and its two-hundred day simple moving average is $39.34.

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.