First Trust Direct Indexing L.P. Takes Position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

First Trust Direct Indexing L.P. acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,260 shares of the company’s stock, valued at approximately $575,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. International Assets Investment Management LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF during the second quarter worth about $27,000. Kimelman & Baird LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF during the second quarter worth about $33,000. Allspring Global Investments Holdings LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF during the third quarter worth about $38,000. Mather Group LLC. purchased a new position in Invesco S&P 500 Equal Weight Technology ETF during the second quarter worth about $48,000. Finally, Strategic Financial Concepts LLC lifted its position in Invesco S&P 500 Equal Weight Technology ETF by 3,520.6% during the second quarter. Strategic Financial Concepts LLC now owns 265,390 shares of the company’s stock worth $97,000 after buying an additional 258,060 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Trading Up 1.0 %

NYSEARCA RSPT opened at $36.76 on Friday. The business’s 50-day moving average price is $37.09 and its 200 day moving average price is $36.08. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $27.10 and a twelve month high of $38.90. The company has a market capitalization of $4.17 billion, a PE ratio of 25.99 and a beta of 1.69.

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.