Cetera Investment Advisers grew its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) by 54.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 341,701 shares of the company’s stock after buying an additional 120,625 shares during the period. Cetera Investment Advisers owned 0.39% of Invesco S&P 500 Equal Weight Technology ETF worth $15,465,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of RSPT. Root Financial Partners LLC purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF in the first quarter valued at $33,000. Halbert Hargrove Global Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth about $43,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth about $48,000. Smartleaf Asset Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth about $75,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth about $82,000.
Invesco S&P 500 Equal Weight Technology ETF Stock Down 0.7%
Shares of NYSEARCA RSPT opened at $59.30 on Wednesday. The stock has a market cap of $5.38 billion, a PE ratio of 26.94 and a beta of 1.33. Invesco S&P 500 Equal Weight Technology ETF has a 52-week low of $40.29 and a 52-week high of $67.49. The business has a 50-day moving average price of $62.15 and a 200 day moving average price of $53.48.
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.
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