Kovack Advisors Inc. Buys 1,350 Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Kovack Advisors Inc. grew its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 7.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,920 shares of the company’s stock after acquiring an additional 1,350 shares during the period. Kovack Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $745,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Aptus Capital Advisors LLC grew its stake in Invesco S&P 500 Equal Weight Technology ETF by 12.8% in the third quarter. Aptus Capital Advisors LLC now owns 5,639 shares of the company’s stock worth $213,000 after purchasing an additional 639 shares in the last quarter. Beck Capital Management LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 30.0% in the 3rd quarter. Beck Capital Management LLC now owns 11,272 shares of the company’s stock worth $425,000 after buying an additional 2,602 shares during the period. Cerity Partners LLC grew its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 4.5% during the 3rd quarter. Cerity Partners LLC now owns 263,000 shares of the company’s stock worth $9,915,000 after buying an additional 11,395 shares in the last quarter. BNP Paribas Financial Markets increased its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 99.6% during the third quarter. BNP Paribas Financial Markets now owns 340,684 shares of the company’s stock valued at $12,844,000 after buying an additional 170,000 shares during the period. Finally, Greenleaf Trust raised its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 66.8% in the fourth quarter. Greenleaf Trust now owns 11,840 shares of the company’s stock valued at $443,000 after acquiring an additional 4,740 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

NYSEARCA:RSPT opened at $37.00 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a 1-year low of $32.03 and a 1-year high of $40.49. The company has a 50-day moving average of $38.54 and a 200 day moving average of $37.88. The firm has a market cap of $4.19 billion, a PE 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.