American Financial Advisors LLC Takes Position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

American Financial Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 48,589 shares of the company’s stock, valued at approximately $1,586,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Davis Investment Partners LLC acquired a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at approximately $54,638,000. Raymond James Financial Services Advisors Inc. acquired a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at approximately $46,132,000. Bouchey Financial Group Ltd acquired a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at approximately $40,839,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at approximately $31,987,000. Finally, Hennion & Walsh Asset Management Inc. acquired a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at approximately $14,492,000.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Invesco S&P 500 Equal Weight Technology ETF stock traded down $0.61 during trading hours on Friday, hitting $32.11. The company had a trading volume of 517,904 shares, compared to its average volume of 554,105. The firm’s fifty day moving average is $34.49 and its 200-day moving average is $31.83. Invesco S&P 500 Equal Weight Technology ETF has a fifty-two week low of $25.50 and a fifty-two week high of $35.97. The firm has a market capitalization of $3.64 billion, a P/E ratio of 27.74 and a beta of 1.65.

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.