HighTower Advisors LLC Increases Position in Invesco S&P 500 Equal Weight Technology ETF $RSPT

HighTower Advisors LLC boosted its position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 7.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 409,930 shares of the company’s stock after acquiring an additional 28,130 shares during the period. HighTower Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $18,275,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of RSPT. Horizon Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the third quarter worth $48,608,000. JPMorgan Chase & Co. increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 160.3% in the second quarter. JPMorgan Chase & Co. now owns 1,451,125 shares of the company’s stock valued at $59,177,000 after purchasing an additional 893,554 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Invesco S&P 500 Equal Weight Technology ETF by 172.9% during the first quarter. Goldman Sachs Group Inc. now owns 467,582 shares of the company’s stock worth $15,991,000 after buying an additional 296,259 shares during the period. Laurel Wealth Advisors LLC lifted its position in Invesco S&P 500 Equal Weight Technology ETF by 3,978.0% during the second quarter. Laurel Wealth Advisors LLC now owns 266,498 shares of the company’s stock worth $10,868,000 after buying an additional 259,963 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 1st quarter worth about $3,490,000.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

NYSEARCA RSPT opened at $46.80 on Friday. The company has a market cap of $4.07 billion, a P/E ratio of 26.94 and a beta of 1.26. 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 company has a 50-day moving average of $46.70 and a 200-day moving average of $44.88.

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.