Modera Wealth Management LLC Invests $215,000 in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Modera Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 5,743 shares of the company’s stock, valued at approximately $215,000.

Several other institutional investors and hedge funds have also bought and sold shares of RSPT. AdvisorNet Financial Inc bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at about $25,000. Avior Wealth Management LLC raised its holdings in Invesco S&P 500 Equal Weight Technology ETF by 510.3% during the fourth quarter. Avior Wealth Management LLC now owns 885 shares of the company’s stock valued at $33,000 after acquiring an additional 740 shares during the period. Allspring Global Investments Holdings LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the third quarter valued at about $38,000. Peterson Financial Group Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the third quarter worth about $39,000. Finally, Decker Retirement Planning Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth about $41,000.

Invesco S&P 500 Equal Weight Technology ETF Trading Up 1.3 %

Shares of RSPT opened at $36.47 on Thursday. Invesco S&P 500 Equal Weight Technology ETF has a 12-month low of $32.03 and a 12-month high of $40.49. The company has a market capitalization of $3.37 billion, a PE ratio of 28.55 and a beta of 1.19. The business’s 50 day moving average is $38.38 and its 200 day moving average is $37.91.

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.