Apollon Wealth Management LLC Makes New Investment in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Apollon Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 37,493 shares of the company’s stock, valued at approximately $1,224,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in RSPT. Headinvest LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 3rd quarter worth approximately $208,000. Neville Rodie & Shaw Inc. bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth $4,880,000. Walker Asset Management LLC purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at $3,066,000. Capital Market Strategies LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter valued at $2,797,000. Finally, Interchange Capital Partners LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth $694,000.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Shares of RSPT stock opened at $33.88 on Thursday. The firm has a 50-day moving average of $34.27 and a 200-day moving average of $32.34. Invesco S&P 500 Equal Weight Technology ETF has a one year low of $25.65 and a one year high of $35.97. The company has a market cap of $3.84 billion, a P/E ratio of 25.99 and a beta of 1.69.

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.