Modera Wealth Management LLC Purchases Shares of 5,743 Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Modera Wealth Management LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 5,743 shares of the company’s stock, valued at approximately $215,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. D.A. Davidson & CO. boosted its position in Invesco S&P 500 Equal Weight Technology ETF by 8.9% in the fourth quarter. D.A. Davidson & CO. now owns 15,713 shares of the company’s stock valued at $588,000 after buying an additional 1,278 shares during the last quarter. Aptus Capital Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 12.8% in the 3rd quarter. Aptus Capital Advisors LLC now owns 5,639 shares of the company’s stock valued at $213,000 after acquiring an additional 639 shares during the last quarter. Beck Capital Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 30.0% in the third quarter. Beck Capital Management LLC now owns 11,272 shares of the company’s stock worth $425,000 after acquiring an additional 2,602 shares during the period. Cerity Partners LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 4.5% during the third quarter. Cerity Partners LLC now owns 263,000 shares of the company’s stock worth $9,915,000 after purchasing an additional 11,395 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 99.6% during the third quarter. BNP Paribas Financial Markets now owns 340,684 shares of the company’s stock worth $12,844,000 after purchasing an additional 170,000 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

NYSEARCA:RSPT opened at $36.47 on Thursday. The firm’s fifty day moving average is $38.38 and its two-hundred day moving average is $37.91. The firm has a market cap of $3.37 billion, a price-to-earnings ratio of 28.55 and a beta of 1.19. Invesco S&P 500 Equal Weight Technology ETF has a one year low of $32.03 and a one year high of $40.49.

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.