PFG Advisors Has $492,000 Stake in Invesco S&P 500 Equal Weight Technology ETF $RSPT

PFG Advisors cut its holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 46.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 12,071 shares of the company’s stock after selling 10,520 shares during the quarter. PFG Advisors’ holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $492,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. SFE Investment Counsel lifted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 1.8% during the second quarter. SFE Investment Counsel now owns 14,809 shares of the company’s stock worth $604,000 after purchasing an additional 256 shares in the last quarter. Harbour Investments Inc. increased its position in Invesco S&P 500 Equal Weight Technology ETF by 8.5% in the second quarter. Harbour Investments Inc. now owns 3,704 shares of the company’s stock worth $151,000 after purchasing an additional 291 shares during the period. Walker Asset Management LLC lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 0.4% in the second quarter. Walker Asset Management LLC now owns 83,453 shares of the company’s stock valued at $3,403,000 after buying an additional 296 shares during the period. Secure Asset Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 0.8% in the 2nd quarter. Secure Asset Management LLC now owns 53,954 shares of the company’s stock worth $2,200,000 after purchasing an additional 418 shares during the last quarter. Finally, Dakota Wealth Management grew its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 5.6% during the 1st quarter. Dakota Wealth Management now owns 9,559 shares of the company’s stock worth $327,000 after buying an additional 511 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

RSPT opened at $45.67 on Wednesday. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $28.52 and a twelve month high of $47.00. The firm has a market cap of $4.12 billion, a PE ratio of 26.94 and a beta of 1.26. The firm’s fifty day moving average is $44.63 and its two-hundred day moving average is $41.38.

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.