Invesco S&P 500 Equal Weight Technology ETF $RSPT is Detalus Advisors LLC’s 7th Largest Position

Detalus Advisors LLC reduced its holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 8.1% in the 2nd quarter, Holdings Channel reports. The fund owned 262,966 shares of the company’s stock after selling 23,026 shares during the period. Invesco S&P 500 Equal Weight Technology ETF makes up about 3.1% of Detalus Advisors LLC’s portfolio, making the stock its 7th biggest position. Detalus Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $10,724,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Sax Wealth Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight Technology ETF by 19.0% in the 2nd quarter. Sax Wealth Advisors LLC now owns 31,201 shares of the company’s stock worth $1,272,000 after acquiring an additional 4,992 shares in the last quarter. Friedenthal Financial lifted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 3.4% in the second quarter. Friedenthal Financial now owns 41,903 shares of the company’s stock worth $1,709,000 after purchasing an additional 1,389 shares in the last quarter. Prasad Wealth Partners LLC lifted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 21.9% in the second quarter. Prasad Wealth Partners LLC now owns 385,253 shares of the company’s stock worth $15,711,000 after purchasing an additional 69,169 shares in the last quarter. RMG Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the second quarter worth approximately $55,241,000. Finally, Grimes & Company Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the second quarter worth approximately $209,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Down 1.4%

RSPT stock opened at $44.99 on Wednesday. Invesco S&P 500 Equal Weight Technology ETF has a 12-month low of $28.52 and a 12-month high of $46.02. The company has a market cap of $4.05 billion, a price-to-earnings ratio of 26.94 and a beta of 1.21. The company has a 50 day moving average of $42.54 and a two-hundred day moving average of $39.05.

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.