Invesco S&P 500 Equal Weight Technology ETF $RSPT Stock Sold by Detalus Advisors LLC

Detalus Advisors LLC cut its holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 9.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 81,435 shares of the company’s stock after selling 8,575 shares during the period. Invesco S&P 500 Equal Weight Technology ETF makes up about 1.0% of Detalus Advisors LLC’s portfolio, making the stock its 23rd biggest holding. Detalus Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $5,363,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in RSPT. Bank of America Corp DE lifted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 26.7% in the 1st 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 bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the first quarter worth approximately $66,437,000. Cetera Investment Advisers increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 54.6% during the first quarter. Cetera Investment Advisers now owns 341,701 shares of the company’s stock worth $15,465,000 after acquiring an additional 120,625 shares during the last quarter. Prasad Wealth Partners LLC increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 1.8% during the first quarter. Prasad Wealth Partners LLC now owns 331,655 shares of the company’s stock worth $15,011,000 after acquiring an additional 5,931 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in Invesco S&P 500 Equal Weight Technology ETF by 5.6% during the second quarter. Envestnet Asset Management Inc. now owns 296,357 shares of the company’s stock valued at $19,115,000 after purchasing an additional 15,633 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Shares of RSPT stock opened at $65.27 on Friday. The company has a market cap of $6.10 billion, a PE ratio of 26.94 and a beta of 1.34. 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 stock’s 50 day simple moving average is $65.39 and its two-hundred day simple moving average is $60.77.

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.