Royal Fund Management LLC Makes New Investment in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Royal Fund Management LLC acquired a new position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPTFree Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 18,625 shares of the company’s stock, valued at approximately $848,000.

Several other hedge funds and other institutional investors have also modified their holdings of RSPT. Caldwell Trust Co purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 2nd quarter worth about $28,000. Optiver Holding B.V. purchased a new position in Invesco S&P 500 Equal Weight Technology ETF in the third quarter valued at approximately $34,000. Collier Financial acquired a new position in Invesco S&P 500 Equal Weight Technology ETF during the third quarter valued at approximately $62,000. Steigerwald Gordon & Koch Inc. acquired a new position in Invesco S&P 500 Equal Weight Technology ETF during the third quarter valued at approximately $77,000. Finally, Advisors Preferred LLC grew its stake in Invesco S&P 500 Equal Weight Technology ETF by 170.4% during the third quarter. Advisors Preferred LLC now owns 2,101 shares of the company’s stock worth $95,000 after buying an additional 1,324 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Stock Up 4.0%

RSPT opened at $45.26 on Wednesday. Invesco S&P 500 Equal Weight Technology ETF has a 52-week low of $28.52 and a 52-week high of $48.96. The company has a 50 day moving average of $46.64 and a two-hundred day moving average of $45.84. The company has a market cap of $3.93 billion, a P/E ratio of 26.94 and a beta of 1.26.

Invesco S&P 500 Equal Weight Technology ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

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