Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Get Free Report) shares passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $57.64 and traded as low as $56.92. Invesco S&P 500 Equal Weight Technology ETF shares last traded at $57.00, with a volume of 3,302,069 shares changing hands.
Invesco S&P 500 Equal Weight Technology ETF Stock Performance
The company has a 50-day simple moving average of $65.07 and a 200 day simple moving average of $57.64. The company has a market capitalization of $5.38 billion, a P/E ratio of 26.94 and a beta of 1.37.
Institutional Investors Weigh In On Invesco S&P 500 Equal Weight Technology ETF
Several hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC increased its position in Invesco S&P 500 Equal Weight Technology ETF by 12.3% during the second quarter. NewEdge Advisors LLC now owns 75,790 shares of the company’s stock worth $4,888,000 after acquiring an additional 8,288 shares during the period. Investor s Fiduciary Advisor Network LLC raised its stake in Invesco S&P 500 Equal Weight Technology ETF by 73.6% during the 2nd quarter. Investor s Fiduciary Advisor Network LLC now owns 56,334 shares of the company’s stock valued at $3,633,000 after purchasing an additional 23,885 shares during the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in Invesco S&P 500 Equal Weight Technology ETF during the 2nd quarter valued at $621,000. Greenleaf Trust raised its stake in Invesco S&P 500 Equal Weight Technology ETF by 451.0% during the 2nd quarter. Greenleaf Trust now owns 65,239 shares of the company’s stock valued at $4,228,000 after purchasing an additional 53,399 shares during the last quarter. Finally, Compass Financial Management LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 2nd quarter valued at $5,433,000.
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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