HighTower Advisors LLC Buys 9,157 Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

HighTower Advisors LLC lifted its position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 5.8% during the 4th quarter, HoldingsChannel reports. The firm owned 166,224 shares of the company’s stock after acquiring an additional 9,157 shares during the quarter. HighTower Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $6,220,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. AdvisorNet Financial Inc bought a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth approximately $25,000. Assetmark Inc. increased its position in Invesco S&P 500 Equal Weight Technology ETF by 90.0% in the fourth quarter. Assetmark Inc. now owns 684 shares of the company’s stock worth $26,000 after purchasing an additional 324 shares during the last quarter. Avior Wealth Management LLC raised its stake in Invesco S&P 500 Equal Weight Technology ETF by 510.3% during the fourth quarter. Avior Wealth Management LLC now owns 885 shares of the company’s stock valued at $33,000 after purchasing an additional 740 shares in the last quarter. Decker Retirement Planning Inc. bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at $41,000. Finally, Mainstream Capital Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth $41,000.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 1.1 %

Shares of NYSEARCA RSPT opened at $35.42 on Wednesday. Invesco S&P 500 Equal Weight Technology ETF has a 12-month low of $32.03 and a 12-month high of $40.50. The firm’s 50-day moving average price is $37.88 and its 200-day moving average price is $37.80. The stock has a market capitalization of $3.19 billion, a price-to-earnings ratio of 27.21 and a beta of 1.19.

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.