Zhang Financial LLC Buys Shares of 10,890 Invesco S&P 500 Equal Weight Technology ETF $RSPT

Zhang Financial LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,890 shares of the company’s stock, valued at approximately $485,000.

Several other hedge funds have also added to or reduced their stakes in the business. Optiver Holding B.V. bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the third quarter worth about $34,000. Patten Group Inc. lifted its stake in Invesco S&P 500 Equal Weight Technology ETF by 13.2% in the third quarter. Patten Group Inc. now owns 50,193 shares of the company’s stock valued at $2,238,000 after buying an additional 5,859 shares in the last quarter. Advisors Preferred LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 170.4% in the third quarter. Advisors Preferred LLC now owns 2,101 shares of the company’s stock valued at $95,000 after buying an additional 1,324 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 21.0% during the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,229 shares of the company’s stock worth $278,000 after acquiring an additional 1,080 shares in the last quarter. Finally, Y.D. More Investments Ltd lifted its position in Invesco S&P 500 Equal Weight Technology ETF by 3.8% in the 3rd quarter. Y.D. More Investments Ltd now owns 12,040 shares of the company’s stock valued at $537,000 after acquiring an additional 440 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

RSPT opened at $47.47 on Thursday. The company has a market capitalization of $4.12 billion, a price-to-earnings ratio of 26.94 and a beta of 1.26. The business’s 50-day moving average price is $46.81 and its two-hundred day moving average price is $45.07. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $28.52 and a 1 year high of $48.96.

About Invesco S&P 500 Equal Weight Technology ETF

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.