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

Kennicott Capital Management LLC reduced its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 16.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm 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 accounts for approximately 1.4% of Kennicott Capital Management LLC’s holdings, making the stock its 16th biggest position. Kennicott Capital Management LLC owned approximately 0.05% of Invesco S&P 500 Equal Weight Technology ETF worth $3,103,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Root Financial Partners LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the first quarter valued at approximately $33,000. West Branch Capital LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the second quarter worth approximately $35,000. FAS Wealth Partners Inc. acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the first quarter worth approximately $48,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth approximately $48,000. Finally, Western Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the first quarter worth approximately $68,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

Shares of NYSEARCA RSPT opened at $64.58 on Wednesday. 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 has a market cap of $5.87 billion, a P/E ratio of 26.94 and a beta of 1.33. The stock has a fifty day moving average price of $62.18 and a two-hundred day moving average price of $54.58.

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.