Invesco S&P 500 Equal Weight Technology ETF $RSPT Shares Acquired by RMG Wealth Management LLC

RMG Wealth Management LLC boosted its holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 3.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,374,742 shares of the company’s stock after purchasing an additional 44,919 shares during the quarter. Invesco S&P 500 Equal Weight Technology ETF comprises 8.7% of RMG Wealth Management LLC’s holdings, making the stock its 5th largest holding. RMG Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $61,767,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in RSPT. Caldwell Trust Co acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 2nd quarter worth approximately $28,000. Advisors Preferred LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 2nd quarter valued at $32,000. Pflug Koory LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 2nd quarter valued at $33,000. Founders Capital Management bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the second quarter worth $63,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the third quarter worth $77,000.

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

RSPT opened at $47.70 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a 1-year low of $28.52 and a 1-year high of $48.00. The company has a market cap of $4.15 billion, a P/E ratio of 26.94 and a beta of 1.26. The company has a fifty day moving average price of $45.79 and a two-hundred day moving average price of $44.09.

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.