Invesco S&P 500 Equal Weight Technology ETF $RSPT Shares Sold by Kennicott Capital Management LLC

Kennicott Capital Management LLC decreased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 16.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,104 shares of the company’s stock after selling 9,250 shares during the period. Invesco S&P 500 Equal Weight Technology ETF makes up 1.4% of Kennicott Capital Management LLC’s portfolio, making the stock its 16th biggest holding. Kennicott Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $3,103,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in RSPT. RMG Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 1st quarter worth approximately $66,437,000. Bank of America Corp DE lifted its stake in Invesco S&P 500 Equal Weight Technology ETF by 26.7% during the first quarter. Bank of America Corp DE now owns 5,230,024 shares of the company’s stock valued at $236,711,000 after purchasing an additional 1,102,277 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Invesco S&P 500 Equal Weight Technology ETF by 172.9% during the first quarter. Goldman Sachs Group Inc. now owns 467,582 shares of the company’s stock valued at $15,991,000 after purchasing an additional 296,259 shares during the last quarter. Chicago Wealth Management Inc. bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth approximately $9,848,000. Finally, Atlas Capital Advisors Inc. bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth approximately $8,607,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

Invesco S&P 500 Equal Weight Technology ETF stock opened at $64.58 on Wednesday. The firm has a market cap of $5.87 billion, a price-to-earnings ratio of 26.94 and a beta of 1.33. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $40.35 and a 1 year high of $67.49. The firm’s 50 day moving average price is $62.18 and its two-hundred day moving average price is $54.58.

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.