Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Get Free Report) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 786,161 shares, an increase of 68.3% from the September 30th total of 467,216 shares. Based on an average daily volume of 875,602 shares, the short-interest ratio is presently 0.9 days. Currently, 0.8% of the company’s stock are short sold.
Invesco S&P 500 Equal Weight Technology ETF Stock Performance
NYSEARCA RSPT opened at $62.95 on Monday. Invesco S&P 500 Equal Weight Technology ETF has a 12 month low of $41.45 and a 12 month high of $69.45. The stock has a 50 day moving average of $65.33 and a 200-day moving average of $57.37. The company has a market cap of $5.89 billion, a PE ratio of 26.94 and a beta of 1.34.
Institutional Trading of Invesco S&P 500 Equal Weight Technology ETF
A number of large investors have recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 1st quarter worth about $33,000. Blue Bell Private Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the 3rd quarter valued at about $34,000. West Branch Capital LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 2nd quarter valued at about $35,000. FAS Wealth Partners Inc. acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 1st quarter valued at about $48,000. Finally, GAMMA Investing LLC lifted its stake in Invesco S&P 500 Equal Weight Technology ETF by 932.9% in the 3rd quarter. GAMMA Investing LLC now owns 723 shares of the company’s stock valued at $48,000 after purchasing an additional 653 shares during the last quarter.
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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