Peddock Capital Advisors LLC Makes New $206,000 Investment in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Peddock Capital Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 6,300 shares of the company’s stock, valued at approximately $206,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Smith Salley & Associates acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth $26,000. Riggs Asset Managment Co. Inc. acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth about $33,000. First Horizon Advisors Inc. bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at about $33,000. Spire Wealth Management bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at about $34,000. Finally, Annapolis Financial Services LLC acquired a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at approximately $55,000.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Shares of NYSEARCA RSPT traded down $0.02 during trading hours on Tuesday, reaching $33.78. The stock had a trading volume of 362,601 shares, compared to its average volume of 536,380. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $25.65 and a twelve month high of $35.97. The business’s fifty day moving average is $34.28 and its two-hundred day moving average is $32.33. The company has a market cap of $3.83 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69.

About Invesco S&P 500 Equal Weight Technology ETF

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.