Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Short Interest Update

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) was the recipient of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 320,505 shares, a drop of 16.5% from the January 29th total of 383,681 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 413,262 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 413,262 shares, the short-interest ratio is currently 0.8 days. Currently, 0.4% of the company’s stock are short sold.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Technology ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Carnegie Investment Counsel grew its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 40.3% during the 3rd quarter. Carnegie Investment Counsel now owns 48,760 shares of the company’s stock worth $2,174,000 after purchasing an additional 14,011 shares during the period. Silver Oak Securities Incorporated lifted its stake in Invesco S&P 500 Equal Weight Technology ETF by 4,675.9% in the third quarter. Silver Oak Securities Incorporated now owns 13,659 shares of the company’s stock worth $609,000 after acquiring an additional 13,373 shares during the last quarter. Advisory Services Network LLC increased its holdings in Invesco S&P 500 Equal Weight Technology ETF by 22.7% in the second quarter. Advisory Services Network LLC now owns 126,879 shares of the company’s stock valued at $5,267,000 after buying an additional 23,502 shares during the last quarter. Elevation Wealth Partners LLC raised its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 242.6% during the 3rd quarter. Elevation Wealth Partners LLC now owns 18,056 shares of the company’s stock worth $805,000 after acquiring an additional 12,786 shares in the last quarter. Finally, Modera Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 2nd quarter worth approximately $234,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Up 1.8%

NYSEARCA RSPT opened at $46.98 on Thursday. The firm has a market cap of $4.08 billion, a PE ratio of 26.94 and a beta of 1.26. The company has a 50 day moving average price of $46.89 and a 200 day moving average price of $45.27. Invesco S&P 500 Equal Weight Technology ETF has a 52 week low of $28.52 and a 52 week high of $48.96.

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.