Royal Fund Management LLC lessened its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) by 50.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 19,346 shares of the company’s stock after selling 19,420 shares during the period. Royal Fund Management LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $724,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RSPT. DHJJ Financial Advisors Ltd. grew its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 0.6% in the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 58,510 shares of the company’s stock valued at $2,206,000 after purchasing an additional 353 shares during the last quarter. AE Wealth Management LLC grew its position in Invesco S&P 500 Equal Weight Technology ETF by 4.4% in the 2nd quarter. AE Wealth Management LLC now owns 8,710 shares of the company’s stock valued at $319,000 after buying an additional 366 shares during the last quarter. Raub Brock Capital Management LP increased its stake in 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 valued at $5,427,000 after buying an additional 457 shares during the period. Friedenthal Financial increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 1.2% in the 3rd quarter. Friedenthal Financial now owns 43,528 shares of the company’s stock valued at $1,641,000 after buying an additional 529 shares during the period. Finally, Acorn Wealth Advisors LLC raised its position in 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 worth $549,000 after buying an additional 580 shares during the last quarter.
Invesco S&P 500 Equal Weight Technology ETF Stock Up 1.4 %
Shares of NYSEARCA:RSPT opened at $39.06 on Wednesday. Invesco S&P 500 Equal Weight Technology ETF has a fifty-two week low of $32.03 and a fifty-two week high of $39.66. The firm’s 50-day simple moving average is $38.31 and its 200-day simple moving average is $37.37. The company has a market cap of $4.43 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69.
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.
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