Fifth Third Bancorp Invests $1.21 Million in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Fifth Third Bancorp acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 26,694 shares of the company’s stock, valued at approximately $1,208,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of RSPT. Brighton Jones LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at about $238,000. Goldman Sachs Group Inc. increased its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 172.9% during the first quarter. Goldman Sachs Group Inc. now owns 467,582 shares of the company’s stock worth $15,991,000 after buying an additional 296,259 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the first quarter valued at approximately $3,490,000. Jane Street Group LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the first quarter valued at approximately $1,096,000. Finally, Focus Partners Wealth raised its holdings in Invesco S&P 500 Equal Weight Technology ETF by 612.3% in the first quarter. Focus Partners Wealth now owns 7,486 shares of the company’s stock valued at $256,000 after acquiring an additional 6,435 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Stock Down 0.7%

Shares of Invesco S&P 500 Equal Weight Technology ETF stock opened at $59.33 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a 52-week low of $40.29 and a 52-week high of $67.49. The company has a market capitalization of $5.38 billion, a P/E ratio of 26.94 and a beta of 1.33. The company has a 50 day moving average of $62.07 and a 200 day moving average of $53.25.

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.