Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Sees Unusually-High Trading Volume

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) saw unusually-high trading volume on Monday . Approximately 3,139,885 shares were traded during mid-day trading, an increase of 392% from the previous session’s volume of 638,515 shares.The stock last traded at $33.46 and had previously closed at $34.33.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.9 %

The company’s fifty day simple moving average is $36.35 and its 200 day simple moving average is $34.95. The stock has a market capitalization of $3.81 billion, a P/E ratio of 25.99 and a beta of 1.69.

Institutional Investors Weigh In On Invesco S&P 500 Equal Weight Technology ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. International Assets Investment Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the second quarter worth about $27,000. Blue Bell Private Wealth Management LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF in the first quarter valued at approximately $28,000. NBC Securities Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at approximately $30,000. Riggs Asset Managment Co. Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at approximately $33,000. Finally, First Horizon Advisors Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth approximately $33,000.

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.