FRG Family Wealth Advisors LLC Lowers Holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

FRG Family Wealth Advisors LLC reduced its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 0.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 224,355 shares of the company’s stock after selling 890 shares during the quarter. Invesco S&P 500 Equal Weight Technology ETF comprises about 1.5% of FRG Family Wealth Advisors LLC’s investment portfolio, making the stock its 16th biggest position. FRG Family Wealth Advisors LLC owned 0.20% of Invesco S&P 500 Equal Weight Technology ETF worth $8,395,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Signaturefd LLC grew its position in Invesco S&P 500 Equal Weight Technology ETF by 11.8% during the 4th quarter. Signaturefd LLC now owns 2,664 shares of the company’s stock worth $100,000 after purchasing an additional 282 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in Invesco S&P 500 Equal Weight Technology ETF by 0.5% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 67,230 shares of the company’s stock valued at $2,516,000 after buying an additional 307 shares during the last quarter. Assetmark Inc. lifted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 90.0% during the fourth quarter. Assetmark Inc. now owns 684 shares of the company’s stock worth $26,000 after purchasing an additional 324 shares in the last quarter. Lodestar Private Asset Management LLC increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 6.0% in the fourth quarter. Lodestar Private Asset Management LLC now owns 6,747 shares of the company’s stock valued at $252,000 after purchasing an additional 383 shares during the last quarter. Finally, FCA Corp TX boosted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 1.7% in the fourth quarter. FCA Corp TX now owns 24,441 shares of the company’s stock valued at $915,000 after acquiring an additional 411 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Shares of NYSEARCA RSPT opened at $32.82 on Thursday. Invesco S&P 500 Equal Weight Technology ETF has a 1-year low of $28.52 and a 1-year high of $40.50. The company has a market cap of $2.94 billion, a PE ratio of 22.74 and a beta of 1.21. The stock has a fifty day moving average price of $36.14 and a 200 day moving average price of $37.46.

Invesco S&P 500 Equal Weight Technology ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.0441 dividend. This is a positive change from Invesco S&P 500 Equal Weight Technology ETF’s previous dividend of $0.04. The ex-dividend date of this dividend was Monday, March 24th.

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.