PFG Advisors Has $1.31 Million Position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

PFG Advisors grew its position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 2.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,004 shares of the company’s stock after buying an additional 711 shares during the quarter. PFG Advisors’ holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $1,310,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 0.5% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 67,230 shares of the company’s stock valued at $2,516,000 after buying an additional 307 shares in the last quarter. Assetmark Inc. raised its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 90.0% in the 4th quarter. Assetmark Inc. now owns 684 shares of the company’s stock valued at $26,000 after buying an additional 324 shares in the last quarter. Lodestar Private Asset Management LLC raised its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 6.0% in the 4th quarter. Lodestar Private Asset Management LLC now owns 6,747 shares of the company’s stock valued at $252,000 after buying an additional 383 shares in the last quarter. Gladstone Institutional Advisory LLC raised its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 10.2% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 5,922 shares of the company’s stock valued at $222,000 after buying an additional 549 shares in the last quarter. Finally, Acorn Wealth Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 4.1% in the 3rd quarter. Acorn Wealth Advisors LLC now owns 14,560 shares of the company’s stock valued at $549,000 after buying an additional 580 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 1.6 %

Shares of NYSEARCA:RSPT opened at $34.24 on Friday. The firm has a 50 day moving average of $38.04 and a 200-day moving average of $37.82. The stock has a market capitalization of $3.17 billion, a PE ratio of 28.55 and a beta of 1.19. Invesco S&P 500 Equal Weight Technology ETF has a 12 month low of $32.03 and a 12 month high of $40.49.

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.