Meitav Investment House Ltd. Invests $48.73 Million in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Meitav Investment House Ltd. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 1,303,367 shares of the company’s stock, valued at approximately $48,732,000. Meitav Investment House Ltd. owned 1.15% of Invesco S&P 500 Equal Weight Technology ETF at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. DHJJ Financial Advisors Ltd. lifted its position in Invesco S&P 500 Equal Weight Technology ETF by 0.6% during the third quarter. DHJJ Financial Advisors Ltd. now owns 58,510 shares of the company’s stock valued at $2,206,000 after buying an additional 353 shares during the period. Lodestar Private Asset Management LLC increased its stake 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 worth $252,000 after acquiring an additional 383 shares in the last quarter. Gladstone Institutional Advisory LLC lifted its position in Invesco S&P 500 Equal Weight Technology ETF by 10.2% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 5,922 shares of the company’s stock valued at $222,000 after acquiring an additional 549 shares during the period. Acorn Wealth Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight Technology ETF by 4.1% during the third quarter. Acorn Wealth Advisors LLC now owns 14,560 shares of the company’s stock worth $549,000 after acquiring an additional 580 shares in the last quarter. Finally, Kaydan Wealth Management Inc. grew its holdings in Invesco S&P 500 Equal Weight Technology ETF by 4.2% in the fourth quarter. Kaydan Wealth Management Inc. now owns 14,864 shares of the company’s stock worth $556,000 after purchasing an additional 603 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

RSPT stock opened at $40.28 on Thursday. The firm has a 50 day moving average price of $38.55 and a 200-day moving average price of $37.73. 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 $4.56 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69.

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.