Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Stock Position Raised by Congress Wealth Management LLC DE

Congress Wealth Management LLC DE lifted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 51.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,710 shares of the company’s stock after purchasing an additional 3,280 shares during the period. Congress Wealth Management LLC DE’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $363,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. LPL Financial LLC increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 13.7% in the 4th quarter. LPL Financial LLC now owns 1,618,579 shares of the company’s stock worth $60,567,000 after purchasing an additional 195,612 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth about $49,421,000. Meitav Investment House Ltd. purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth approximately $48,732,000. Baltimore Washington Financial Advisors Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 3.9% during the fourth quarter. Baltimore Washington Financial Advisors Inc. now owns 1,071,011 shares of the company’s stock valued at $40,077,000 after acquiring an additional 39,996 shares during the period. Finally, Independent Advisor Alliance purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at approximately $18,140,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

Invesco S&P 500 Equal Weight Technology ETF stock opened at $34.23 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a 52 week low of $32.03 and a 52 week high of $40.50. The firm has a market capitalization of $3.08 billion, a price-to-earnings ratio of 27.21 and a beta of 1.19. The company has a 50 day moving average price of $37.50 and a 200 day moving average price of $37.78.

Invesco S&P 500 Equal Weight Technology ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.0441 per share. This is an increase from Invesco S&P 500 Equal Weight Technology ETF’s previous dividend of $0.04. The ex-dividend date of this dividend was Monday, March 24th.

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.