Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Stake Lessened by Phoenix Financial Ltd.

Phoenix Financial Ltd. reduced its holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 42.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 100,160 shares of the company’s stock after selling 73,130 shares during the period. Phoenix Financial Ltd. owned about 0.09% of Invesco S&P 500 Equal Weight Technology ETF worth $3,748,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. FMR LLC lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 5.2% in the 3rd quarter. FMR LLC now owns 45,912 shares of the company’s stock worth $1,731,000 after purchasing an additional 2,281 shares during the last quarter. Neville Rodie & Shaw Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 7.2% in the fourth quarter. Neville Rodie & Shaw Inc. now owns 169,109 shares of the company’s stock worth $6,328,000 after buying an additional 11,300 shares during the last quarter. Capital Market Strategies LLC grew its stake in Invesco S&P 500 Equal Weight Technology ETF by 0.9% in the 4th quarter. Capital Market Strategies LLC now owns 94,170 shares of the company’s stock valued at $3,524,000 after buying an additional 882 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Invesco S&P 500 Equal Weight Technology ETF by 0.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 295,922 shares of the company’s stock worth $11,156,000 after acquiring an additional 2,009 shares during the period. Finally, HBW Advisory Services LLC lifted its position in Invesco S&P 500 Equal Weight Technology ETF by 23.9% during the 4th quarter. HBW Advisory Services LLC now owns 12,555 shares of the company’s stock worth $470,000 after acquiring an additional 2,421 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 5.1 %

RSPT opened at $31.49 on Friday. 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 business has a 50 day moving average of $36.01 and a 200-day moving average of $37.42. The stock has a market capitalization of $2.83 billion, a price-to-earnings ratio of 22.74 and a beta of 1.21.

Invesco S&P 500 Equal Weight Technology ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.0441 per share. 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.