Redhawk Wealth Advisors Inc. Purchases 6,500 Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Redhawk Wealth Advisors Inc. increased its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 6.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 107,963 shares of the company’s stock after buying an additional 6,500 shares during the period. Redhawk Wealth Advisors Inc. owned about 0.10% of Invesco S&P 500 Equal Weight Technology ETF worth $4,040,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Smith Anglin Financial LLC grew its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 19.9% during the 4th quarter. Smith Anglin Financial LLC now owns 228,567 shares of the company’s stock valued at $8,553,000 after purchasing an additional 37,866 shares in the last quarter. Park Avenue Securities LLC lifted its stake in Invesco S&P 500 Equal Weight Technology ETF by 4.7% during the fourth quarter. Park Avenue Securities LLC now owns 116,307 shares of the company’s stock worth $4,352,000 after purchasing an additional 5,170 shares during the last quarter. Fortis Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 2.9% in the 4th quarter. Fortis Advisors LLC now owns 61,434 shares of the company’s stock worth $2,299,000 after purchasing an additional 1,724 shares in the last quarter. AdvisorNet Financial Inc purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth about $25,000. Finally, HBW Advisory Services LLC increased its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 23.9% during the 4th quarter. HBW Advisory Services LLC now owns 12,555 shares of the company’s stock valued at $470,000 after purchasing an additional 2,421 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

NYSEARCA:RSPT opened at $38.04 on Thursday. The company has a market capitalization of $4.31 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69. Invesco S&P 500 Equal Weight Technology ETF has a 1-year low of $31.53 and a 1-year high of $39.66. The business has a 50 day moving average of $38.34 and a 200 day moving average of $37.34.

Invesco S&P 500 Equal Weight Technology ETF Company 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.