288,031 Shares in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Bought by Prasad Wealth Partners LLC

Prasad Wealth Partners LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 288,031 shares of the company’s stock, valued at approximately $10,778,000. Invesco S&P 500 Equal Weight Technology ETF comprises about 3.5% of Prasad Wealth Partners LLC’s holdings, making the stock its 7th largest position. Prasad Wealth Partners LLC owned 0.25% of Invesco S&P 500 Equal Weight Technology ETF at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Meitav Investment House Ltd. bought a new stake in Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at $48,732,000. Baltimore Washington Financial Advisors Inc. increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 3.9% in the fourth quarter. Baltimore Washington Financial Advisors Inc. now owns 1,071,011 shares of the company’s stock valued at $40,077,000 after purchasing an additional 39,996 shares in the last quarter. Activest Wealth Management increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 17.5% in the fourth quarter. Activest Wealth Management now owns 466,770 shares of the company’s stock valued at $17,467,000 after purchasing an additional 69,452 shares in the last quarter. StoneX Group Inc. increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 5.2% in the third quarter. StoneX Group Inc. now owns 422,771 shares of the company’s stock valued at $15,938,000 after purchasing an additional 21,077 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 99.6% in the third 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.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 1.3 %

RSPT opened at $38.20 on Tuesday. The company has a market cap of $4.33 billion, a P/E ratio of 25.99 and a beta of 1.69. The company has a fifty day moving average price of $38.55 and a two-hundred day moving average price of $37.86. Invesco S&P 500 Equal Weight Technology ETF has a 1-year low of $32.03 and a 1-year high of $40.49.

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.