Richard Bernstein Advisors LLC Has $870,000 Stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Richard Bernstein Advisors LLC trimmed its position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 1.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,251 shares of the company’s stock after selling 371 shares during the period. Richard Bernstein Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $870,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. AdvisorNet Financial Inc bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at $25,000. Avior Wealth Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 510.3% during the 4th quarter. Avior Wealth Management LLC now owns 885 shares of the company’s stock worth $33,000 after buying an additional 740 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 3rd quarter valued at about $38,000. Peterson Financial Group Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the third quarter valued at about $39,000. Finally, Decker Retirement Planning Inc. bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth about $41,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

Shares of NYSEARCA RSPT opened at $37.78 on Wednesday. The stock has a 50 day moving average price of $38.55 and a 200 day moving average price of $37.86. The stock has a market capitalization of $4.28 billion, a PE ratio of 25.99 and a beta of 1.69. Invesco S&P 500 Equal Weight Technology ETF has a 52 week low of $32.03 and a 52 week high of $40.49.

Invesco S&P 500 Equal Weight Technology ETF Company 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.