Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Stake Trimmed by Graypoint LLC

Graypoint LLC trimmed its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 3.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm 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 makes up about 1.0% of Graypoint LLC’s holdings, making the stock its 24th biggest position. Graypoint LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $16,724,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Blue Trust Inc. raised its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 134.1% in the third quarter. Blue Trust Inc. now owns 5,163 shares of the company’s stock valued at $189,000 after purchasing an additional 2,958 shares during the period. Aptus Capital Advisors LLC lifted its position in Invesco S&P 500 Equal Weight Technology ETF by 12.8% during the 3rd quarter. Aptus Capital Advisors LLC now owns 5,639 shares of the company’s stock worth $213,000 after acquiring an additional 639 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 72.6% in the third quarter. Sequoia Financial Advisors LLC now owns 16,408 shares of the company’s stock valued at $619,000 after purchasing an additional 6,900 shares during the last quarter. Beck Capital Management LLC grew its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 30.0% in the third quarter. Beck Capital Management LLC now owns 11,272 shares of the company’s stock valued at $425,000 after purchasing an additional 2,602 shares during the last quarter. Finally, Cerity Partners LLC increased its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 4.5% in the third quarter. Cerity Partners LLC now owns 263,000 shares of the company’s stock worth $9,915,000 after purchasing an additional 11,395 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Stock Down 1.9 %

Shares of RSPT stock traded down $0.74 during trading hours on Friday, reaching $37.30. 382,342 shares of the company’s stock were exchanged, 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 stock has a market capitalization of $4.23 billion, a P/E ratio of 25.99 and a beta of 1.69. The business has a fifty day moving average price of $38.32 and a 200-day moving average price of $37.31.

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.