B. Riley Wealth Advisors Inc. Decreases Stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

B. Riley Wealth Advisors Inc. lessened its position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 5.8% during the third quarter, Holdings Channel.com reports. The fund owned 23,843 shares of the company’s stock after selling 1,456 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $890,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of RSPT. Raymond James & Associates raised its position in Invesco S&P 500 Equal Weight Technology ETF by 3.4% during the 2nd quarter. Raymond James & Associates now owns 357,881 shares of the company’s stock valued at $13,120,000 after purchasing an additional 11,923 shares during the last quarter. &PARTNERS purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF in the second quarter worth $672,000. Secure Asset Management LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF in the second quarter valued at $1,652,000. Patten Group Inc. increased its position in Invesco S&P 500 Equal Weight Technology ETF by 5.8% during the 2nd quarter. Patten Group Inc. now owns 30,769 shares of the company’s stock valued at $1,128,000 after purchasing an additional 1,676 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in Invesco S&P 500 Equal Weight Technology ETF by 12.4% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 377,805 shares of the company’s stock worth $13,850,000 after purchasing an additional 41,667 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.8 %

Shares of RSPT opened at $38.84 on Wednesday. Invesco S&P 500 Equal Weight Technology ETF has a 1-year low of $31.02 and a 1-year high of $39.66. The firm’s 50-day moving average price is $38.27 and its 200-day moving average price is $37.10. The firm has a market capitalization of $4.40 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69.

About Invesco S&P 500 Equal Weight Technology ETF

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.