SignalPoint Asset Management LLC Cuts Stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

SignalPoint Asset Management LLC decreased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 5.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 215,173 shares of the company’s stock after selling 13,233 shares during the quarter. Invesco S&P 500 Equal Weight Technology ETF accounts for about 2.0% of SignalPoint Asset Management LLC’s investment portfolio, making the stock its 8th biggest position. SignalPoint Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $8,052,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. AdvisorNet Financial Inc purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at approximately $25,000. Kimelman & Baird LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the second quarter valued at approximately $33,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the third quarter valued at approximately $38,000. Peterson Financial Group Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the third quarter valued at approximately $39,000. Finally, Capital Performance Advisors LLP purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the third quarter valued at approximately $61,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Up 1.5 %

Invesco S&P 500 Equal Weight Technology ETF stock opened at $38.04 on Thursday. The business has a fifty day moving average of $38.34 and a two-hundred day moving average of $37.34. The firm has a market cap of $4.31 billion, a P/E ratio of 25.99 and a beta of 1.69. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $31.53 and a twelve month high of $39.66.

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.