Richard Bernstein Advisors LLC Has $1.71 Billion Holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT)

Richard Bernstein Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTFree Report) by 1,070.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,074,111 shares of the company’s stock after purchasing an additional 5,555,242 shares during the period. Invesco S&P 500 Equal Weight Technology ETF comprises 28.1% of Richard Bernstein Advisors LLC’s holdings, making the stock its largest position. Richard Bernstein Advisors LLC owned approximately 5.80% of Invesco S&P 500 Equal Weight Technology ETF worth $1,712,960,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in RYT. B. Riley Wealth Advisors Inc. raised its position in Invesco S&P 500 Equal Weight Technology ETF by 2.5% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 1,717 shares of the company’s stock valued at $474,000 after purchasing an additional 42 shares during the last quarter. Equitable Holdings Inc. raised its holdings in Invesco S&P 500 Equal Weight Technology ETF by 2.7% in the 1st quarter. Equitable Holdings Inc. now owns 1,774 shares of the company’s stock worth $513,000 after purchasing an additional 47 shares during the period. Northern Trust Corp raised its holdings in Invesco S&P 500 Equal Weight Technology ETF by 10.8% in the 2nd quarter. Northern Trust Corp now owns 1,003 shares of the company’s stock worth $237,000 after purchasing an additional 98 shares during the period. Renaissance Technologies LLC raised its holdings in Invesco S&P 500 Equal Weight Technology ETF by 8.3% in the 3rd quarter. Renaissance Technologies LLC now owns 1,300 shares of the company’s stock worth $294,000 after purchasing an additional 100 shares during the period. Finally, Laurel Wealth Advisors Inc. raised its holdings in Invesco S&P 500 Equal Weight Technology ETF by 2.8% in the 1st quarter. Laurel Wealth Advisors Inc. now owns 4,393 shares of the company’s stock worth $1,270,000 after purchasing an additional 121 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.4 %

Invesco S&P 500 Equal Weight Technology ETF stock traded down $0.13 during trading on Wednesday, reaching $34.09. The company had a trading volume of 513,186 shares, compared to its average volume of 79,542. The firm’s 50-day simple moving average is $42.89 and its 200 day simple moving average is $37.39. The firm has a market capitalization of $3.57 billion, a price-to-earnings ratio of 17.16 and a beta of 1.18. Invesco S&P 500 Equal Weight Technology ETF has a 52 week low of $213.47 and a 52 week high of $286.56.

Invesco S&P 500 Equal Weight Technology ETF Profile

(Free Report)

The Invesco S&P 500 Equal Weight Technology ETF (RYT) 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. RYT was launched on Nov 1, 2006 and is managed by Invesco.

Further Reading

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT)

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