Invesco S&P 500 Equal Weight Technology ETF $RSPT Shares Newly Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. purchased a new position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 13,780 shares of the company’s stock, valued at approximately $908,000.

A number of other hedge funds also recently modified their holdings of RSPT. Park Avenue Securities LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 3rd quarter worth approximately $5,694,000. Briggs Wealth Management Inc raised its holdings in Invesco S&P 500 Equal Weight Technology ETF by 82.1% during the 3rd quarter. Briggs Wealth Management Inc now owns 21,234 shares of the company’s stock worth $1,398,000 after buying an additional 9,571 shares during the period. Kingswood Wealth Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight Technology ETF by 5,005.7% in the third quarter. Kingswood Wealth Advisors LLC now owns 267,234 shares of the company’s stock valued at $17,600,000 after buying an additional 262,000 shares in the last quarter. Sigma Planning Corp bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the third quarter valued at approximately $332,000. Finally, Valley National Advisers Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the third quarter valued at approximately $3,087,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Up 0.8%

Invesco S&P 500 Equal Weight Technology ETF stock opened at $61.99 on Wednesday. The company has a 50 day moving average of $65.26 and a 200-day moving average of $57.52. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $41.45 and a twelve month high of $69.45. The stock has a market capitalization of $5.80 billion, a PE ratio of 26.94 and a beta of 1.34.

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.