Wealth Management Associates Inc. lessened its holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) by 25.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,065 shares of the company’s stock after selling 5,868 shares during the quarter. Wealth Management Associates Inc.’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $696,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Pflug Koory LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the second quarter worth $33,000. Bristlecone Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the first quarter worth $34,000. North Capital Inc. bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the first quarter worth $58,000. Founders Capital Management bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the second quarter worth $63,000. Finally, Salem Investment Counselors Inc. bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the second quarter worth $82,000.
Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.5%
NYSEARCA RSPT opened at $46.32 on Wednesday. The firm’s fifty day moving average price is $43.73 and its two-hundred day moving average price is $40.36. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $28.52 and a 1 year high of $46.61. The firm has a market capitalization of $4.17 billion, a P/E ratio of 26.94 and a beta of 1.26.
Invesco S&P 500 Equal Weight Technology ETF 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.
Recommended Stories
- Five stocks we like better than Invesco S&P 500 Equal Weight Technology ETF
- Why Invest in High-Yield Dividend Stocks?
- The Drone Arms Race: From Battlefield to Balance Sheet
- Energy and Oil Stocks Explained
- Why Wall Street Is Backing These 3 Comeback Stocks
- Technology Stocks Explained: Here’s What to Know About Tech
- Intel’s Breakout Quarter: More Than a Beat, It’s a Declaration
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.
