Park Avenue Securities LLC Buys 86,458 Shares of Invesco S&P 500 Equal Weight Technology ETF $RSPT

Park Avenue Securities LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 86,458 shares of the company’s stock, valued at approximately $5,694,000.

Several other institutional investors and hedge funds also recently modified their holdings of RSPT. West Branch Capital LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the second quarter valued at $35,000. GAMMA Investing LLC raised its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 932.9% during the third quarter. GAMMA Investing LLC now owns 723 shares of the company’s stock valued at $48,000 after purchasing an additional 653 shares in the last quarter. Root Financial Partners LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the first quarter valued at about $33,000. Markowski Investments acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the second quarter worth about $64,000. Finally, FAS Wealth Partners Inc. acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the first quarter worth about $48,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Up 0.5%

Shares of RSPT opened at $66.46 on Thursday. The firm has a 50-day moving average price of $65.31 and a 200 day moving average price of $57.20. The firm has a market capitalization of $6.22 billion, a PE ratio of 26.94 and a beta of 1.34. Invesco S&P 500 Equal Weight Technology ETF has a 52-week low of $41.45 and a 52-week high of $69.45.

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.