7,714 Shares in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Purchased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. purchased a new position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 7,714 shares of the company’s stock, valued at approximately $252,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Smith Salley & Associates purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at about $26,000. NBC Securities Inc. purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at about $30,000. Riggs Asset Managment Co. Inc. purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at about $33,000. First Horizon Advisors Inc. purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at about $33,000. Finally, Cullen Frost Bankers Inc. purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at about $34,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Down 0.2 %

NYSEARCA RSPT opened at $36.60 on Tuesday. The company has a market cap of $4.15 billion, a PE 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 $37.28. The firm’s 50-day simple moving average is $35.11 and its two-hundred day simple moving average is $34.14.

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.