Islay Capital Management LLC Lowers Stock Holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Islay Capital Management LLC lessened its position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 3.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 142,430 shares of the company’s stock after selling 4,717 shares during the period. Invesco S&P 500 Equal Weight Technology ETF makes up approximately 3.7% of Islay Capital Management LLC’s investment portfolio, making the stock its 5th largest position. Islay Capital Management LLC owned about 0.13% of Invesco S&P 500 Equal Weight Technology ETF worth $5,330,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. AdvisorNet Financial Inc bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth about $25,000. Assetmark Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 90.0% during the fourth quarter. Assetmark Inc. now owns 684 shares of the company’s stock worth $26,000 after purchasing an additional 324 shares during the period. Avior Wealth Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 510.3% during the fourth quarter. Avior Wealth Management LLC now owns 885 shares of the company’s stock worth $33,000 after purchasing an additional 740 shares during the period. Decker Retirement Planning Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at approximately $41,000. Finally, Mainstream Capital Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at approximately $41,000.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Invesco S&P 500 Equal Weight Technology ETF stock opened at $29.91 on Friday. The firm has a market cap of $2.68 billion, a PE ratio of 22.74 and a beta of 1.21. The stock’s fifty day moving average price is $36.87 and its two-hundred day moving average price is $37.66. Invesco S&P 500 Equal Weight Technology ETF has a one year low of $29.80 and a one year high of $40.50.

Invesco S&P 500 Equal Weight Technology ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a $0.0441 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is an increase from Invesco S&P 500 Equal Weight Technology ETF’s previous dividend of $0.04.

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.