Compass Financial Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 84,186 shares of the company’s stock, valued at approximately $5,433,000.
Other institutional investors have also modified their holdings of the company. RMG Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the first quarter worth about $66,437,000. Bank of America Corp DE increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 26.7% during the first quarter. Bank of America Corp DE now owns 5,230,024 shares of the company’s stock valued at $236,711,000 after purchasing an additional 1,102,277 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of 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 valued at $15,991,000 after buying an additional 296,259 shares during the period. Chicago Wealth Management Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter valued at about $9,848,000. Finally, Atlas Capital Advisors Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter valued at about $8,607,000.
Invesco S&P 500 Equal Weight Technology ETF Stock Down 0.2%
RSPT opened at $64.16 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a fifty-two week low of $41.45 and a fifty-two week high of $67.49. The company’s 50-day moving average price is $62.70 and its 200 day moving average price is $56.71. The firm has a market cap of $5.83 billion, a price-to-earnings ratio of 26.94 and a beta of 1.34.
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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