Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Reaches New 12-Month Low at $33.52

Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) reached a new 52-week low on Monday . The stock traded as low as $33.52 and last traded at $33.80, with a volume of 555930 shares changing hands. The stock had previously closed at $33.36.

Invesco S&P 500 Equal Weight Technology ETF Trading Up 0.3 %

The firm has a market capitalization of $3.84 billion, a price-to-earnings ratio of 27.74 and a beta of 1.66. The stock has a fifty day moving average price of $59.04 and a 200-day moving average price of $47.98.

Institutional Investors Weigh In On Invesco S&P 500 Equal Weight Technology ETF

Hedge funds have recently made changes to their positions in the company. Wolff Wiese Magana LLC boosted its position in Invesco S&P 500 Equal Weight Technology ETF by 1,146.2% in the 3rd quarter. Wolff Wiese Magana LLC now owns 486 shares of the company’s stock valued at $137,000 after buying an additional 447 shares during the last quarter. Rocky Mountain Advisers LLC increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 900.0% in the third quarter. Rocky Mountain Advisers LLC now owns 500 shares of the company’s stock valued at $141,000 after purchasing an additional 450 shares in the last quarter. SRS Capital Advisors Inc. raised its holdings in Invesco S&P 500 Equal Weight Technology ETF by 901.9% in the third quarter. SRS Capital Advisors Inc. now owns 521 shares of the company’s stock worth $147,000 after purchasing an additional 469 shares during the period. HM Payson & Co. boosted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 900.0% during the third quarter. HM Payson & Co. now owns 600 shares of the company’s stock worth $169,000 after purchasing an additional 540 shares in the last quarter. Finally, Nemes Rush Group LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 905.3% in the 3rd quarter. Nemes Rush Group LLC now owns 754 shares of the company’s stock valued at $213,000 after buying an additional 679 shares during the period.

About Invesco S&P 500 Equal Weight Technology ETF

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.