Apollon Wealth Management LLC Reduces Stock Holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Apollon Wealth Management LLC reduced its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 30.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 26,045 shares of the company’s stock after selling 11,448 shares during the quarter. Apollon Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $975,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. DHJJ Financial Advisors Ltd. increased its holdings in Invesco S&P 500 Equal Weight Technology ETF by 0.6% during the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 58,510 shares of the company’s stock worth $2,206,000 after purchasing an additional 353 shares during the last quarter. Lodestar Private Asset Management LLC increased its holdings in Invesco S&P 500 Equal Weight Technology ETF by 6.0% during the 4th quarter. Lodestar Private Asset Management LLC now owns 6,747 shares of the company’s stock worth $252,000 after purchasing an additional 383 shares during the last quarter. Raub Brock Capital Management LP grew its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 0.3% in the 3rd quarter. Raub Brock Capital Management LP now owns 143,957 shares of the company’s stock worth $5,427,000 after acquiring an additional 457 shares in the last quarter. Friedenthal Financial raised its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 1.2% during the 3rd quarter. Friedenthal Financial now owns 43,528 shares of the company’s stock valued at $1,641,000 after acquiring an additional 529 shares in the last quarter. Finally, Acorn Wealth Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 4.1% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 14,560 shares of the company’s stock valued at $549,000 after acquiring an additional 580 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.4 %

RSPT stock opened at $39.18 on Wednesday. The firm has a market cap of $4.44 billion, a P/E ratio of 25.99 and a beta of 1.69. Invesco S&P 500 Equal Weight Technology ETF has a 12-month low of $32.03 and a 12-month high of $39.92. The stock’s 50 day simple moving average is $38.49 and its 200 day simple moving average is $37.55.

Invesco S&P 500 Equal Weight Technology ETF Company Profile

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.