Davis Investment Partners LLC Purchases Shares of 1,754,400 Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Davis Investment Partners LLC acquired a new position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPTFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,754,400 shares of the company’s stock, valued at approximately $54,638,000. Invesco S&P 500 Equal Weight Technology ETF makes up 26.5% of Davis Investment Partners LLC’s investment portfolio, making the stock its biggest position. Davis Investment Partners LLC owned about 1.68% of Invesco S&P 500 Equal Weight Technology ETF at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Purus Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth about $206,000. Brookstone Capital Management bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth about $212,000. Triangle Securities Wealth Management bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth about $218,000. Headinvest LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 3rd quarter worth about $208,000. Finally, Collective Family Office LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth about $326,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Up 1.2 %

NYSEARCA:RSPT traded up $0.40 on Thursday, reaching $35.07. 428,469 shares of the stock traded hands, compared to its average volume of 586,571. The company’s fifty day simple moving average is $33.83 and its 200 day simple moving average is $31.00. Invesco S&P 500 Equal Weight Technology ETF has a 12 month low of $25.50 and a 12 month high of $35.97.

Invesco S&P 500 Equal Weight Technology ETF Company Profile

(Free Report)

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.

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

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