18,750 Shares in Invesco S&P 500 Equal Weight Technology ETF $RSPT Bought by Gunpowder Capital Management LLC dba Oliver Wealth Management

Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 18,750 shares of the company’s stock, valued at approximately $853,000. Invesco S&P 500 Equal Weight Technology ETF accounts for about 0.7% of Gunpowder Capital Management LLC dba Oliver Wealth Management’s investment portfolio, making the stock its 27th largest holding.

Several other hedge funds have also modified their holdings of RSPT. Optiver Holding B.V. acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 3rd quarter valued at $34,000. Halbert Hargrove Global Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth about $43,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at about $48,000. Smartleaf Asset Management LLC purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at about $75,000. Finally, Flagship Harbor Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth about $82,000.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Invesco S&P 500 Equal Weight Technology ETF stock opened at $63.93 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a fifty-two week low of $38.47 and a fifty-two week high of $67.49. The firm’s 50 day simple moving average is $57.95 and its 200-day simple moving average is $50.52. The company has a market cap of $5.58 billion, a P/E ratio of 26.94 and a beta of 1.33.

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.