Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Get Free Report) saw strong trading volume on Thursday. 1,591,160 shares traded hands during mid-day trading, an increase of 182% from the average daily volume of 564,133 shares. The stock last traded at $57.5860 and had previously closed at $61.30.
Invesco S&P 500 Equal Weight Technology ETF Price Performance
The firm has a fifty day simple moving average of $65.21 and a two-hundred day simple moving average of $57.59. The firm has a market capitalization of $5.38 billion, a P/E ratio of 26.94 and a beta of 1.37.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Root Financial Partners LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the first quarter valued at approximately $33,000. Blue Bell Private Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 3rd quarter worth $34,000. West Branch Capital LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 2nd quarter valued at $35,000. FAS Wealth Partners Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 1st quarter valued at $48,000. Finally, GAMMA Investing LLC raised its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 932.9% during the 3rd quarter. GAMMA Investing LLC now owns 723 shares of the company’s stock valued at $48,000 after buying an additional 653 shares in 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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