Ausdal Financial Partners Inc. Purchases Shares of 16,269 Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Ausdal Financial Partners Inc. acquired a new position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) in the fourth quarter, Holdings Channel.com reports. The firm acquired 16,269 shares of the company’s stock, valued at approximately $609,000.

Several other institutional investors have also recently modified their holdings of the company. FMR LLC lifted its position in Invesco S&P 500 Equal Weight Technology ETF by 5.2% in the 3rd quarter. FMR LLC now owns 45,912 shares of the company’s stock worth $1,731,000 after buying an additional 2,281 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 99.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 340,684 shares of the company’s stock worth $12,844,000 after acquiring an additional 170,000 shares during the last quarter. Beck Capital Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 30.0% in the 3rd quarter. Beck Capital Management LLC now owns 11,272 shares of the company’s stock valued at $425,000 after purchasing an additional 2,602 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 2.2% in the 3rd quarter. HighTower Advisors LLC now owns 157,067 shares of the company’s stock valued at $5,920,000 after purchasing an additional 3,452 shares in the last quarter. Finally, Quantinno Capital Management LP grew its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 11.1% during the 3rd quarter. Quantinno Capital Management LP now owns 67,972 shares of the company’s stock valued at $2,563,000 after purchasing an additional 6,783 shares during the last quarter.

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

NYSEARCA RSPT opened at $35.06 on Friday. The firm has a market cap of $3.16 billion, a price-to-earnings ratio of 27.21 and a beta of 1.19. The company has a 50-day simple moving average of $37.59 and a two-hundred day simple moving average of $37.77. Invesco S&P 500 Equal Weight Technology ETF has a 12-month low of $32.03 and a 12-month high of $40.50.

Invesco S&P 500 Equal Weight Technology ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be paid a $0.0441 dividend. This is a boost from Invesco S&P 500 Equal Weight Technology ETF’s previous dividend of $0.04. The ex-dividend date is Monday, March 24th.

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.