Focus Financial Network Inc. Purchases 50,131 Shares of Invesco S&P 500 Equal Weight Technology ETF $RSPT

Focus Financial Network Inc. lifted its position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 144.5% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 84,835 shares of the company’s stock after buying an additional 50,131 shares during the quarter. Focus Financial Network Inc. owned approximately 0.09% of Invesco S&P 500 Equal Weight Technology ETF worth $5,472,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of RSPT. Global Assets Advisory LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth about $588,000. Wealth Enhancement Trust Services Inc. bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter valued at approximately $444,000. Hills Bank & Trust Co purchased a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth approximately $1,250,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 347.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 135,125 shares of the company’s stock worth $6,150,000 after purchasing an additional 104,932 shares in the last quarter. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth approximately $853,000.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

RSPT stock opened at $64.65 on Monday. Invesco S&P 500 Equal Weight Technology ETF has a 1-year low of $40.35 and a 1-year high of $67.49. The business has a 50 day simple moving average of $62.27 and a two-hundred day simple moving average of $54.33. The company has a market capitalization of $5.87 billion, a price-to-earnings ratio of 26.94 and a beta of 1.33.

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.