Moulton Wealth Management Inc. Takes $933,000 Position in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Moulton Wealth Management Inc. purchased a new position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,615 shares of the company’s stock, valued at approximately $933,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Brighton Jones LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth approximately $238,000. Goldman Sachs Group Inc. grew its stake in Invesco S&P 500 Equal Weight Technology ETF by 172.9% in the first quarter. Goldman Sachs Group Inc. now owns 467,582 shares of the company’s stock worth $15,991,000 after purchasing an additional 296,259 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the first quarter worth $3,490,000. Jane Street Group LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the first quarter worth $1,096,000. Finally, Focus Partners Wealth lifted its position in Invesco S&P 500 Equal Weight Technology ETF by 612.3% during the first quarter. Focus Partners Wealth now owns 7,486 shares of the company’s stock valued at $256,000 after buying an additional 6,435 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

NYSEARCA:RSPT opened at $64.66 on Wednesday. The firm’s 50-day moving average price is $62.21 and its 200-day moving average price is $53.97. The company has a market capitalization of $5.87 billion, a PE ratio of 26.94 and a beta of 1.33. Invesco S&P 500 Equal Weight Technology ETF has a 1-year low of $40.35 and a 1-year high of $67.49.

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.