Invesco S&P 500 Equal Weight Technology ETF $RSPT Position Trimmed by Graham Capital Wealth Management LLC

Graham Capital Wealth Management LLC decreased its holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 14.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 104,339 shares of the company’s stock after selling 17,246 shares during the quarter. Invesco S&P 500 Equal Weight Technology ETF accounts for about 5.4% of Graham Capital Wealth Management LLC’s investment portfolio, making the stock its 2nd largest position. Graham Capital Wealth Management LLC owned approximately 0.11% of Invesco S&P 500 Equal Weight Technology ETF worth $6,872,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in RSPT. Bank of America Corp DE lifted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 26.7% during 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 acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 1st quarter worth $66,437,000. Cetera Investment Advisers grew its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 54.6% in the 1st 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 raised its position in shares of 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 purchasing an additional 5,931 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of 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 worth $19,115,000 after purchasing an additional 15,633 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Stock Up 1.5%

Shares of Invesco S&P 500 Equal Weight Technology ETF stock opened at $66.16 on Wednesday. Invesco S&P 500 Equal Weight Technology ETF has a 12-month low of $41.45 and a 12-month high of $69.45. The firm has a market capitalization of $6.22 billion, a PE ratio of 26.94 and a beta of 1.34. The stock’s fifty day moving average is $65.27 and its 200-day moving average is $57.10.

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.