Aviance Capital Partners LLC Invests $377,000 in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Aviance Capital Partners LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 11,550 shares of the company’s stock, valued at approximately $377,000.

Several other institutional investors also recently modified their holdings of the business. Smith Salley & Associates bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter valued at $26,000. Riggs Asset Managment Co. Inc. purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at $33,000. First Horizon Advisors Inc. bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at about $33,000. Spire Wealth Management purchased a new position in Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth about $34,000. Finally, Annapolis Financial Services LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter valued at about $55,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

Shares of NYSEARCA RSPT traded down $0.02 during midday trading on Tuesday, hitting $33.78. 362,601 shares of the company’s stock traded hands, compared to its average volume of 536,380. The firm has a fifty day moving average of $34.28 and a 200 day moving average of $32.29. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $25.65 and a 1 year high of $35.97. The stock has a market capitalization of $3.83 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69.

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.