Invesco S&P 500® Equal Weight Technology ETF company info

What does Invesco S&P 500® Equal Weight Technology ETF do?
Invesco S&P 500® Equal Weight Technology ETF (NYSE:RSPT) is a specialized exchange-traded fund that aims to replicate the performance of the S&P 500 Equal Weight Information Technology Index. It is uniquely structured to provide investors with a diversified exposure to the technology sector, by equally weighting its holdings across all companies, rather than the market capitalization weighting employed by many other ETFs. This approach allows for a more balanced investment in various technology companies, from giants to smaller firms, potentially reducing risk and enhancing returns. The fund's projects involve meticulously selecting technology stocks that are part of the S&P 500 and rebalancing them regularly to maintain equal weight. The primary objective of Invesco S&P 500® Equal Weight Technology ETF is to offer investors an innovative pathway to gain comprehensive exposure to the technology sector, aiming for growth while managing risk through diversification.
Invesco S&P 500® Equal Weight Technology ETF company media
Company Snapshot

Is Invesco S&P 500® Equal Weight Technology ETF a public or private company?

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Ownership
Public

How many people does Invesco S&P 500® Equal Weight Technology ETF employ?

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Employees
5,004

What sector is Invesco S&P 500® Equal Weight Technology ETF in?

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Sector
ETF

Where is the head office for Invesco S&P 500® Equal Weight Technology ETF?

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Head Office
Atlanta, United States

What year was Invesco S&P 500® Equal Weight Technology ETF founded?

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Year Founded
2006
What does Invesco S&P 500® Equal Weight Technology ETF specialise in?
/Equal Weighting /Technology Stocks /Diversification /Risk Management /Investment Performance /Asset Allocation

What are the products and/or services of Invesco S&P 500® Equal Weight Technology ETF?

Overview of Invesco S&P 500® Equal Weight Technology ETF offerings
Tracks the S&P 500® Equal Weight Information Technology Index.
Invests in all technology sector companies within the S&P 500 Index.
Weights each company equally, regardless of market capitalization.
Aims to capture the average performance of the technology sector, not favoring larger companies.
Passively managed, following the index composition without stock selection.
Carries inherent risks like market fluctuations and technology sector-specific risks.