Royal Bank of Canada decreased its holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) by 5.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,261,214 shares of the company’s stock after selling 65,785 shares during the quarter. Royal Bank of Canada owned 1.45% of Invesco S&P 500 Equal Weight Technology ETF worth $57,084,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of the company. Root Financial Partners LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF during the first quarter worth about $33,000. Halbert Hargrove Global Advisors LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at $43,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth about $48,000. Smartleaf Asset Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth about $75,000. Finally, Flagship Harbor Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at approximately $82,000.
Invesco S&P 500 Equal Weight Technology ETF Stock Performance
NYSEARCA:RSPT opened at $60.42 on Friday. The firm has a market cap of $5.49 billion, a price-to-earnings 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’s fifty day moving average is $62.16 and its 200 day moving average is $53.70.
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.
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