Sonia Randhawa

Cambridge Investment Research Advisors Inc. announced in its latest Form 13F filing with the Securities and Exchange Commission that it acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – FREE REPORT) during the fourth quarter. The institutional investor purchased 318,644 shares of the company's stock, valued at approximately $10,401,000. Cambridge Investment Research Advisors Inc. held 0.30% of Invesco S&P 500 Equal Weight Technology ETF as of its latest filing with the Securities and Exchange Commission.

A number of other institutional investors also bought and sold shares of the company recently. Smith, Salley & Associates purchased approximately $26,000 of new shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter. NBC Securities purchased approximately $30,000 of new shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter. Riggs Asset Management purchased approximately $33,000 of new shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter. First Horizon Advisors purchased approximately $33,000 of new shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter. Finally, Karen Frost Bankers purchased approximately $34,000 of new shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter.

Invesco S&P 500 Equal Weight Technology ETF shares rose 0.9%

RSPT shares opened trading at $35.65 on Monday. The company's 50-day simple moving average is $34.23 and its 200-day simple moving average is $33.04. The company has a market capitalization of $4.04 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69. Invesco S&P 500 Equal Weight Technology ETF has a 52-week low of $26.09 and a 52-week high of $36.09.

Invesco S&P 500 Equal Weight Technology ETF Company Profile

(Free report)

Invesco S&P 500 Equal Weight Technology ETF (RSPT) is an exchange-traded fund that invests primarily in information technology stocks. The fund tracks an equal-weighted index of S&P 500 technology companies. RSPT was launched on November 1, 2006 and is managed by Invesco.