American Financial Advisors LLC trimmed its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) by 12.6% during the second quarter, HoldingsChannel reports. The fund owned 42,482 shares of the company’s stock after selling 6,138 shares during the quarter. American Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $1,557,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Blue Bell Private Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the first quarter worth $28,000. NBC Securities Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at about $30,000. First Horizon Advisors Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at about $33,000. Cullen Frost Bankers Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth about $34,000. Finally, Spire Wealth Management acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth approximately $34,000.
Invesco S&P 500 Equal Weight Technology ETF Trading Up 1.2 %
NYSEARCA:RSPT traded up $0.45 on Friday, reaching $37.09. 283,946 shares of the stock traded hands, compared to its average volume of 616,617. Invesco S&P 500 Equal Weight Technology ETF has a 1-year low of $26.09 and a 1-year high of $38.50. The company’s 50 day moving average is $36.45 and its 200-day moving average is $35.17. The firm has a market capitalization of $4.20 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.
Featured Stories
- Five stocks we like better than Invesco S&P 500 Equal Weight Technology ETF
- Financial Services Stocks Investing
- Lumen: Among Top Performers Last Month, Still Has Warning Signs
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Baidu’s Strong Quarter Proves a Smart Pick for Michael Burry
- 5 discounted opportunities for dividend growth investors
- Intuit Beats Q4 Earnings: AI, Dividends, and a Growth Strategy
Want to see what other hedge funds are holding RSPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.
