Castle Wealth Management LLC Makes New $411,000 Investment in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Castle Wealth Management LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 12,600 shares of the company’s stock, valued at approximately $411,000.

Several other hedge funds have also recently added to or reduced their stakes in RSPT. Smith Salley & Associates acquired a new position in Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth approximately $26,000. Global Retirement Partners LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth approximately $75,000. Toth Financial Advisory Corp purchased a new position in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth approximately $75,000. Harbor Investment Advisory LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth approximately $99,000. Finally, Blue Trust Inc. purchased a new position in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth approximately $159,000.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

NYSEARCA RSPT traded down $0.60 on Friday, hitting $32.12. 517,904 shares of the stock were exchanged, compared to its average volume of 554,105. Invesco S&P 500 Equal Weight Technology ETF has a 52-week low of $25.50 and a 52-week high of $35.97. The company has a market capitalization of $3.64 billion, a price-to-earnings ratio of 27.74 and a beta of 1.65. The company’s 50-day moving average price is $34.44 and its two-hundred day moving average price is $31.85.

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.