Elmwood Wealth Management Inc. Invests $1.07 Million in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Elmwood Wealth Management Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 23,391 shares of the company’s stock, valued at approximately $1,065,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth approximately $238,000. Goldman Sachs Group Inc. boosted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 172.9% in the first quarter. Goldman Sachs Group Inc. now owns 467,582 shares of the company’s stock valued at $15,991,000 after acquiring an additional 296,259 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the first quarter worth $3,490,000. Jane Street Group LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the first quarter worth $1,096,000. Finally, Focus Partners Wealth raised its stake in Invesco S&P 500 Equal Weight Technology ETF by 612.3% during the 1st quarter. Focus Partners Wealth now owns 7,486 shares of the company’s stock valued at $256,000 after purchasing an additional 6,435 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Shares of Invesco S&P 500 Equal Weight Technology ETF stock opened at $45.75 on Monday. Invesco S&P 500 Equal Weight Technology ETF has a fifty-two week low of $28.52 and a fifty-two week high of $48.96. The firm has a fifty day moving average price of $46.87 and a two-hundred day moving average price of $45.70. The company has a market cap of $3.97 billion, a PE ratio of 26.94 and a beta of 1.26.

Invesco S&P 500 Equal Weight Technology ETF 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.