25,665 Shares in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Acquired by SVB Wealth LLC

SVB Wealth LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) in the 4th quarter, Holdings Channel reports. The fund bought 25,665 shares of the company’s stock, valued at approximately $838,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Neville Rodie & Shaw Inc. bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth approximately $4,880,000. MBL Wealth LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth approximately $2,265,000. Arbor Investment Advisors LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth approximately $244,000. Dynamic Advisor Solutions LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth approximately $1,492,000. Finally, Oak Harvest Investment Services bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth approximately $290,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

NYSEARCA RSPT opened at $32.12 on Friday. The company has a market capitalization of $3.64 billion, a P/E ratio of 27.74 and a beta of 1.65. Invesco S&P 500 Equal Weight Technology ETF has a one year low of $25.50 and a one year high of $35.97. The stock has a 50 day moving average price of $34.44 and a 200-day moving average price of $31.85.

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.