Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Get Free Report)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $47.69 and last traded at $47.6670, with a volume of 20178 shares. The stock had previously closed at $46.86.
Invesco S&P 500 Equal Weight Technology ETF Stock Performance
The stock has a market cap of $4.11 billion, a P/E ratio of 26.94 and a beta of 1.26. The stock’s fifty day moving average is $45.66 and its 200 day moving average is $43.93.
Institutional Trading of Invesco S&P 500 Equal Weight Technology ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF during the 2nd quarter valued at $219,602,000. RMG Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the second quarter worth $55,241,000. Horizon Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the third quarter valued at $48,608,000. JPMorgan Chase & Co. grew its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 160.3% in the second quarter. JPMorgan Chase & Co. now owns 1,451,125 shares of the company’s stock worth $59,177,000 after purchasing an additional 893,554 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 172.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 467,582 shares of the company’s stock worth $15,991,000 after buying an additional 296,259 shares during the period.
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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