HBW Advisory Services LLC Raises Stock Holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

HBW Advisory Services LLC boosted its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 23.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,555 shares of the company’s stock after purchasing an additional 2,421 shares during the quarter. HBW Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $470,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Baltimore Washington Financial Advisors Inc. raised its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 5.8% during the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 1,031,015 shares of the company’s stock valued at $38,869,000 after buying an additional 56,519 shares in the last quarter. EP Wealth Advisors LLC raised its position in Invesco S&P 500 Equal Weight Technology ETF by 5.5% during the second quarter. EP Wealth Advisors LLC now owns 498,458 shares of the company’s stock valued at $18,273,000 after purchasing an additional 26,024 shares in the last quarter. Raymond James & Associates raised its position in Invesco S&P 500 Equal Weight Technology ETF by 18.4% during the third quarter. Raymond James & Associates now owns 423,904 shares of the company’s stock valued at $15,981,000 after purchasing an additional 66,023 shares in the last quarter. StoneX Group Inc. lifted its stake in Invesco S&P 500 Equal Weight Technology ETF by 5.2% during the third quarter. StoneX Group Inc. now owns 422,771 shares of the company’s stock worth $15,938,000 after purchasing an additional 21,077 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted 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 purchasing an additional 170,000 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

NYSEARCA:RSPT opened at $37.30 on Friday. The company has a market capitalization of $4.23 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69. The business has a 50 day moving average of $38.34 and a 200 day moving average of $37.31. Invesco S&P 500 Equal Weight Technology ETF has a 1-year low of $31.53 and a 1-year high of $39.66.

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.