Graypoint LLC Sells 14,367 Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Graypoint LLC cut its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 3.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 446,920 shares of the company’s stock after selling 14,367 shares during the period. Invesco S&P 500 Equal Weight Technology ETF comprises about 1.0% of Graypoint LLC’s investment portfolio, making the stock its 24th largest position. Graypoint LLC owned 0.39% of Invesco S&P 500 Equal Weight Technology ETF worth $16,724,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RSPT. Baltimore Washington Financial Advisors Inc. lifted its stake in Invesco S&P 500 Equal Weight Technology ETF by 5.8% in the third quarter. Baltimore Washington Financial Advisors Inc. now owns 1,031,015 shares of the company’s stock worth $38,869,000 after acquiring an additional 56,519 shares during the period. EP Wealth Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 5.5% in the second quarter. EP Wealth Advisors LLC now owns 498,458 shares of the company’s stock worth $18,273,000 after acquiring an additional 26,024 shares in the last quarter. Raymond James & Associates increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 18.4% during the 3rd quarter. Raymond James & Associates now owns 423,904 shares of the company’s stock valued at $15,981,000 after purchasing an additional 66,023 shares in the last quarter. StoneX Group Inc. lifted its position in Invesco S&P 500 Equal Weight Technology ETF by 5.2% during the 3rd quarter. StoneX Group Inc. now owns 422,771 shares of the company’s stock worth $15,938,000 after acquiring an additional 21,077 shares during the period. Finally, BNP Paribas Financial Markets boosted its position in Invesco S&P 500 Equal Weight Technology ETF by 99.6% in the third quarter. BNP Paribas Financial Markets now owns 340,684 shares of the company’s stock valued at $12,844,000 after buying an additional 170,000 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

NYSEARCA RSPT traded down $0.74 on Friday, reaching $37.30. 382,342 shares of the company’s stock traded hands, compared to its average volume of 425,324. Invesco S&P 500 Equal Weight Technology ETF has a fifty-two week low of $31.53 and a fifty-two week high of $39.66. The firm has a market cap of $4.23 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69. The stock has a 50 day moving average price of $38.32 and a 200-day moving average price of $37.31.

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.