Lodestar Private Asset Management LLC Invests $240,000 in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Lodestar Private Asset Management LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 6,364 shares of the company’s stock, valued at approximately $240,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the 2nd quarter worth $27,000. Kimelman & Baird LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the 2nd quarter worth $33,000. Allspring Global Investments Holdings LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the 3rd quarter worth $38,000. Mather Group LLC. bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the 2nd quarter worth $48,000. Finally, Strategic Financial Concepts LLC raised its holdings in Invesco S&P 500 Equal Weight Technology ETF by 3,520.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 265,390 shares of the company’s stock worth $97,000 after purchasing an additional 258,060 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight Technology ETF stock opened at $37.33 on Thursday. Invesco S&P 500 Equal Weight Technology ETF has a one year low of $26.26 and a one year high of $38.90. The stock’s fifty day moving average is $37.10 and its 200 day moving average is $36.04. The stock has a market cap of $4.23 billion, a P/E 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.