Invesco S&P 500 Equal Weight Technology ETF $RSPT Stock Sold by Private Advisory Group LLC

Private Advisory Group LLC lowered its position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 96.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,045 shares of the company’s stock after selling 92,379 shares during the quarter. Private Advisory Group LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $201,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Bank of America Corp DE boosted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 26.7% in 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 acquiring an additional 1,102,277 shares during the last quarter. RMG Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the first quarter worth about $66,437,000. StoneX Group Inc. acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the third quarter worth about $22,628,000. Cetera Investment Advisers raised its holdings in 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 worth $15,465,000 after purchasing an additional 120,625 shares during the last quarter. Finally, Commonwealth Equity Services LLC acquired a new position in Invesco S&P 500 Equal Weight Technology ETF during the 3rd quarter valued at about $22,307,000.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Shares of NYSEARCA RSPT traded down $0.97 during mid-day trading on Friday, hitting $60.12. The company’s stock had a trading volume of 1,154,880 shares, compared to its average volume of 583,371. The stock has a market cap of $5.63 billion, a price-to-earnings ratio of 26.66 and a beta of 1.37. Invesco S&P 500 Equal Weight Technology ETF has a one year low of $41.45 and a one year high of $69.45. The company’s fifty day simple moving average is $64.52 and its 200-day simple moving average is $58.02.

Invesco S&P 500 Equal Weight Technology ETF Company 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.