Bank of New York Mellon Corp Raises Holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)
Bank of New York Mellon Corp grew its position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) by 4.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,473 shares of the company’s stock after buying an additional 1,650 shares during the quarter. Bank of New York Mellon Corp’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $1,327,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Acorn Wealth Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 6.2% during the 4th quarter. Acorn Wealth Advisors LLC now owns 15,465 shares of the company’s stock worth $579,000 after purchasing an additional 905 shares during the last quarter. Prasad Wealth Partners LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at about $10,778,000. PMG Wealth Management Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at about $232,000. Meitav Investment House Ltd. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth about $48,732,000. Finally, D.A. Davidson & CO. boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 8.9% in the fourth quarter. D.A. Davidson & CO. now owns 15,713 shares of the company’s stock worth $588,000 after buying an additional 1,278 shares during the last quarter.
Invesco S&P 500 Equal Weight Technology ETF Stock Down 0.1 %
Shares of RSPT opened at $35.42 on Monday. Invesco S&P 500 Equal Weight Technology ETF has a 52 week low of $32.03 and a 52 week high of $40.50. The company has a market capitalization of $3.19 billion, a price-to-earnings ratio of 27.21 and a beta of 1.19. The stock’s 50-day moving average price is $37.75 and its 200-day moving average price is $37.79.
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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