Invesco S&P 500 Equal Weight Technology ETF Price & Performance (RSPT)

Exchange-traded funds (ETFs) saw significant inflows last week, with the Invesco QQQ Trust (QQQ) pulling in $4.3 billion. This reflects strong investor interest in tech, despite ongoing market volatility. Gold ETFs also gained traction, with SPDR Gold Shares (GLD) attracting $3.9 billion as gold prices approached record highs.12

The Nasdaq Composite rose 1.4%, driven by gains in Tesla, Nvidia, and Palantir stocks. This recovery follows a recent correction, highlighting renewed investor interest in technology. However, the Invesco S&P 500 Equal Weight ETF fell 0.3%, signaling uneven market performance despite tech's resurgence.34

The ALPS Equal Sector Weight ETF (EQL) is seeing renewed interest as investors shift from growth to value sectors. With tech underperforming early this year, EQL’s diversified approach has outpaced broader market benchmarks. Analysts suggest this trend aligns with the Federal Reserve’s rate cuts stimulating value-oriented sectors.56