Invesco S&P 500 Equal Weight Technology ETF $RSPT Shares Sold by Davis Investment Partners LLC

Davis Investment Partners LLC cut its holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 0.9% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,240,453 shares of the company’s stock after selling 11,153 shares during the quarter. Invesco S&P 500 Equal Weight Technology ETF accounts for 25.4% of Davis Investment Partners LLC’s investment portfolio, making the stock its biggest holding. Davis Investment Partners LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $81,696,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE grew its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 26.7% during the 1st quarter. Bank of America Corp DE now owns 5,230,024 shares of the company’s stock worth $236,711,000 after buying an additional 1,102,277 shares during the period. RMG Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 1st quarter valued at $66,437,000. StoneX Group Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 3rd quarter valued at $22,628,000. Cetera Investment Advisers lifted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 54.6% during the 1st quarter. Cetera Investment Advisers now owns 341,701 shares of the company’s stock valued at $15,465,000 after acquiring an additional 120,625 shares during the period. Finally, Commonwealth Equity Services LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the third quarter worth $22,307,000.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.2%

RSPT opened at $59.53 on Wednesday. Invesco S&P 500 Equal Weight Technology ETF has a 1-year low of $41.45 and a 1-year high of $69.45. The company has a market cap of $5.60 billion, a P/E ratio of 26.94 and a beta of 1.37. The company has a fifty day moving average price of $64.70 and a two-hundred day moving average price of $57.82.

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.