HighTower Advisors LLC Raises Stock Holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

HighTower Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 5.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 166,224 shares of the company’s stock after buying an additional 9,157 shares during the period. HighTower Advisors LLC owned 0.15% of Invesco S&P 500 Equal Weight Technology ETF worth $6,220,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. AdvisorNet Financial Inc purchased a new position in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at approximately $25,000. Assetmark Inc. raised its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 90.0% during the 4th quarter. Assetmark Inc. now owns 684 shares of the company’s stock valued at $26,000 after purchasing an additional 324 shares during the period. Avior Wealth Management LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 510.3% during the 4th quarter. Avior Wealth Management LLC now owns 885 shares of the company’s stock valued at $33,000 after buying an additional 740 shares in the last quarter. Decker Retirement Planning Inc. bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth $41,000. Finally, Mainstream Capital Management LLC purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth $41,000.

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

NYSEARCA RSPT opened at $35.42 on Wednesday. The business has a 50-day moving average price of $37.88 and a 200-day moving average price of $37.80. The firm has a market cap of $3.19 billion, a price-to-earnings ratio of 27.21 and a beta of 1.19. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $32.03 and a twelve month high of $40.50.

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.