Invesco S&P 500 Equal Weight Technology ETF $RSPT Shares Sold by Apollon Wealth Management LLC

Apollon Wealth Management LLC lowered its holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 3.0% during the second quarter, Holdings Channel.com reports. The firm owned 14,550 shares of the company’s stock after selling 453 shares during the period. Apollon Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $593,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Williams & Novak LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 2nd quarter worth about $227,000. Fortis Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight Technology ETF by 1.1% during the second quarter. Fortis Advisors LLC now owns 61,727 shares of the company’s stock worth $2,517,000 after buying an additional 680 shares during the period. Sax Wealth Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 19.0% during the second quarter. Sax Wealth Advisors LLC now owns 31,201 shares of the company’s stock valued at $1,272,000 after acquiring an additional 4,992 shares during the last quarter. Friedenthal Financial increased its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 3.4% during the second quarter. Friedenthal Financial now owns 41,903 shares of the company’s stock valued at $1,709,000 after acquiring an additional 1,389 shares during the last quarter. Finally, Prasad Wealth Partners LLC raised its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 21.9% in the 2nd quarter. Prasad Wealth Partners LLC now owns 385,253 shares of the company’s stock valued at $15,711,000 after acquiring an additional 69,169 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

Shares of RSPT stock opened at $44.67 on Friday. The firm has a market cap of $4.02 billion, a P/E ratio of 26.94 and a beta of 1.21. The firm’s 50 day moving average price is $43.05 and its 200-day moving average price is $39.48. Invesco S&P 500 Equal Weight Technology ETF has a one year low of $28.52 and a one year high of $46.02.

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.