Paller Financial Services Inc Purchases Shares of 55,202 Invesco S&P 500 Equal Weight Technology ETF $RSPT

Paller Financial Services Inc purchased a new position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 55,202 shares of the company’s stock, valued at approximately $2,512,000. Invesco S&P 500 Equal Weight Technology ETF makes up 2.0% of Paller Financial Services Inc’s holdings, making the stock its 25th biggest position.

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth about $238,000. Goldman Sachs Group Inc. grew its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 172.9% during the 1st 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 bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 1st quarter valued at approximately $3,490,000. Jane Street Group LLC purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 1st quarter worth approximately $1,096,000. Finally, Focus Partners Wealth increased its holdings in Invesco S&P 500 Equal Weight Technology ETF by 612.3% in the 1st quarter. Focus Partners Wealth now owns 7,486 shares of the company’s stock worth $256,000 after acquiring an additional 6,435 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Trading Up 4.0%

NYSEARCA RSPT opened at $45.26 on Wednesday. Invesco S&P 500 Equal Weight Technology ETF has a 12 month low of $28.52 and a 12 month high of $48.96. The stock has a market cap of $3.93 billion, a price-to-earnings ratio of 26.94 and a beta of 1.26. The company’s 50 day moving average is $46.64 and its two-hundred day moving average is $45.84.

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.