Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Sees Unusually-High Trading Volume

Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) saw strong trading volume on Monday . 3,139,885 shares traded hands during trading, an increase of 392% from the previous session’s volume of 638,515 shares.The stock last traded at $33.46 and had previously closed at $34.33.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.9 %

The company has a market cap of $3.81 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69. The stock has a 50-day simple moving average of $36.35 and a 200-day simple moving average of $34.95.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Technology ETF

Several large investors have recently bought and sold shares of RSPT. International Assets Investment Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter valued at $572,000. Prime Capital Investment Advisors LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at about $388,000. RFG Advisory LLC acquired a new position in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth about $1,403,000. Optas LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth about $1,124,000. Finally, Toth Financial Advisory Corp acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at about $75,000.

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.