Ausdal Financial Partners Inc. Acquires New Shares in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Ausdal Financial Partners Inc. purchased a new position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 16,269 shares of the company’s stock, valued at approximately $609,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. FMR LLC grew its stake in Invesco S&P 500 Equal Weight Technology ETF by 5.2% during the third quarter. FMR LLC now owns 45,912 shares of the company’s stock valued at $1,731,000 after acquiring an additional 2,281 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 99.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 340,684 shares of the company’s stock valued at $12,844,000 after purchasing an additional 170,000 shares in the last quarter. Beck Capital Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 30.0% in the third quarter. Beck Capital Management LLC now owns 11,272 shares of the company’s stock worth $425,000 after purchasing an additional 2,602 shares during the period. HighTower Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 2.2% in the third quarter. HighTower Advisors LLC now owns 157,067 shares of the company’s stock worth $5,920,000 after buying an additional 3,452 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its stake in Invesco S&P 500 Equal Weight Technology ETF by 11.1% during the third quarter. Quantinno Capital Management LP now owns 67,972 shares of the company’s stock valued at $2,563,000 after buying an additional 6,783 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Stock Down 1.1 %

Shares of NYSEARCA RSPT opened at $35.06 on Friday. The stock’s 50-day simple moving average is $37.59 and its two-hundred day simple moving average is $37.77. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $32.03 and a twelve month high of $40.50. The firm has a market capitalization of $3.16 billion, a P/E ratio of 27.21 and a beta of 1.19.

Invesco S&P 500 Equal Weight Technology ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be paid a $0.0441 dividend. This is an increase from Invesco S&P 500 Equal Weight Technology ETF’s previous dividend of $0.04. The ex-dividend date is Monday, March 24th.

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.