MBL Wealth LLC Grows Stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

MBL Wealth LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 5.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 128,445 shares of the company’s stock after buying an additional 6,320 shares during the period. MBL Wealth LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $4,709,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Blue Bell Private Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 1st quarter valued at about $28,000. NBC Securities Inc. bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter valued at approximately $30,000. Riggs Asset Managment Co. Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth approximately $33,000. First Horizon Advisors Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth approximately $33,000. Finally, Cullen Frost Bankers Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at approximately $34,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

RSPT stock remained flat at $36.62 during midday trading on Friday. The company had a trading volume of 173,664 shares, compared to its average volume of 626,925. The stock’s 50-day moving average price is $36.38 and its 200-day moving average price is $35.04. The stock has a market cap of $4.15 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69. Invesco S&P 500 Equal Weight Technology ETF has a 12 month low of $26.09 and a 12 month high of $38.50.

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.