BNP Paribas Financial Markets purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 200,364 shares of the company’s stock, valued at approximately $6,540,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Smith Salley & Associates bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth approximately $26,000. Riggs Asset Managment Co. Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth approximately $33,000. First Horizon Advisors Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth approximately $33,000. Spire Wealth Management bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth approximately $34,000. Finally, Cullen Frost Bankers Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth approximately $34,000.
Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.3 %
RSPT stock opened at $34.99 on Friday. The company’s 50 day moving average is $34.17 and its 200 day moving average is $32.69. The stock has a market cap of $3.96 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69. Invesco S&P 500 Equal Weight Technology ETF has a 1-year low of $26.09 and a 1-year high of $35.97.
About Invesco S&P 500 Equal Weight Technology ETF
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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