Sage Rhino Capital LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) in the 4th quarter, HoldingsChannel reports. The fund acquired 153,524 shares of the company’s stock, valued at approximately $5,011,000. Invesco S&P 500 Equal Weight Technology ETF comprises approximately 1.3% of Sage Rhino Capital LLC’s holdings, making the stock its 23rd biggest position.
Several other institutional investors and hedge funds have also made changes to their positions in the business. Neville Rodie & Shaw Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at about $4,880,000. MBL Wealth LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at about $2,265,000. Arbor Investment Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at about $244,000. Hartford Financial Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at about $3,154,000. Finally, Dynamic Advisor Solutions LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at about $1,492,000.
Invesco S&P 500 Equal Weight Technology ETF Trading Down 1.7 %
Shares of Invesco S&P 500 Equal Weight Technology ETF stock traded down $0.56 on Tuesday, hitting $33.15. The stock had a trading volume of 367,910 shares, compared to its average volume of 539,248. The company’s 50 day moving average price is $34.35 and its 200 day moving average price is $32.11. The stock has a market cap of $3.76 billion, a price-to-earnings ratio of 27.74 and a beta of 1.65. Invesco S&P 500 Equal Weight Technology ETF has a 52-week low of $25.51 and a 52-week high of $35.97.
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.
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Want to see what other hedge funds are holding RSPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report).
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