Invesco S&P 500 Equal Weight Technology ETF Stock Forecast, Price & News

Invesco S&P 500 Equal Weight Technology ETF's stock was trading at $168.3406 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, RYT stock has increased by 47.9% and is now trading at $249.03.
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Wall Street analysts have given Invesco S&P 500 Equal Weight Technology ETF a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Invesco S&P 500 Equal Weight Technology ETF wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Invesco S&P 500 Equal Weight Technology ETF declared a quarterly dividend on Monday, December 23rd. Investors of record on Tuesday, December 24th will be paid a dividend of $0.4835 per share on Tuesday, December 31st. This represents a $1.93 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date of this dividend is Monday, December 23rd. This is a boost from Invesco S&P 500 Equal Weight Technology ETF's previous quarterly dividend of $0.43.
View Invesco S&P 500 Equal Weight Technology ETF's dividend history.

Based on aggregate information from My MarketBeat watchlists, some companies that other Invesco S&P 500 Equal Weight Technology ETF investors own include Lowe's Companies (LOW), NVIDIA (NVDA), Applied Materials (AMAT), ARK Next Generation Internet ETF (ARKW), Invesco QQQ Trust (QQQ), Vanguard Real Estate Index Fund ETF Shares (VNQ), The Walt Disney (DIS), Etsy (ETSY), PayPal (PYPL) and Starbucks (SBUX).

Invesco S&P 500 Equal Weight Technology ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "RYT."

Invesco S&P 500 Equal Weight Technology ETF's stock is owned by many different retail and institutional investors. Top institutional investors include Wells Fargo & Company MN (4.02%), Raymond James & Associates (1.89%), Morgan Stanley (1.62%), Bouchey Financial Group Ltd (1.45%), Bouchey Financial Group Ltd (1.43%) and Envestnet Asset Management Inc. (1.32%).

RYT stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Raymond James & Associates, Resources Investment Advisors LLC., AlphaStar Capital Management LLC, SignalPoint Asset Management LLC, Cetera Advisor Networks LLC, Destination Wealth Management, and Cribstone Capital Management LLC.

RYT stock was acquired by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Envestnet Asset Management Inc., Sawtooth Solutions LLC, LPL Financial LLC, GeoWealth Management LLC, Van Hulzen Asset Management LLC, Fulcrum Equity Management, and Truist Financial Corp.

Shares of RYT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of RYT stock can currently be purchased for approximately $249.03.

Invesco S&P 500 Equal Weight Technology ETF has a market capitalization of $2.22 billion.