RSPT Invesco S&P 500 Equal Weight Technology ETF Loading...

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17:07
Jun 30
Josh Brown CEO, Ritholtz Wealth Management CNBC
RSPT surging on AI capex spending
The top stocks in the momentum factor are all data center capex beneficiaries. The equal-weight tech ETF (RSPT) is up 41% YTD because investors are selling the check-writers (Mag 7) and buying the companies receiving the capex spending. The capex plans are ongoing and can't easily stop, making it hard to see a reversal in the earnings growth powering this equal-weight tech index.
RSPT 1ST
HIGH

About RSPT Analyst Coverage

Buzzberg tracks RSPT (Invesco S&P 500 Equal Weight Technology ETF) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade ideas tracked. Past 7 days: 1 bullish. Latest voices: Josh Brown.