Invesco S&P 500 Equal Weight Technology ETF $RSPT Shares Sold by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

Bay Colony Advisory Group Inc d b a Bay Colony Advisors trimmed its position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 7.1% during the 2nd quarter, Holdings Channel.com reports. The fund owned 61,680 shares of the company’s stock after selling 4,706 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $2,515,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. IFG Advisory LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF during the second quarter valued at $242,000. Carnegie Investment Counsel boosted its stake in Invesco S&P 500 Equal Weight Technology ETF by 29.8% during the 2nd quarter. Carnegie Investment Counsel now owns 34,749 shares of the company’s stock worth $1,417,000 after purchasing an additional 7,983 shares during the last quarter. Retirement Planning Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 2nd quarter worth approximately $768,000. Arbor Investment Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 24.5% in the second quarter. Arbor Investment Advisors LLC now owns 8,320 shares of the company’s stock valued at $339,000 after acquiring an additional 1,638 shares during the last quarter. Finally, Stephens Inc. AR lifted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 2.0% in the 2nd quarter. Stephens Inc. AR now owns 80,813 shares of the company’s stock worth $3,296,000 after acquiring an additional 1,600 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Stock Down 0.6%

Shares of NYSEARCA:RSPT opened at $46.25 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a fifty-two week low of $28.52 and a fifty-two week high of $46.89. The stock has a market cap of $4.17 billion, a price-to-earnings ratio of 26.94 and a beta of 1.26. The firm’s 50 day moving average price is $43.95 and its 200 day moving average price is $40.50.

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.