Invesco S&P 500 Equal Weight Technology ETF $RSPT Shares Sold by Davis Investment Partners LLC

Davis Investment Partners LLC reduced its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 3.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 1,253,783 shares of the company’s stock after selling 42,225 shares during the period. Invesco S&P 500 Equal Weight Technology ETF accounts for about 20.0% of Davis Investment Partners LLC’s investment portfolio, making the stock its biggest holding. Davis Investment Partners LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $56,746,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in RSPT. Signal Advisors Wealth LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF in the 1st quarter valued at approximately $217,000. Rockefeller Capital Management L.P. grew its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 1.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 87,053 shares of the company’s stock worth $3,962,000 after acquiring an additional 1,508 shares in the last quarter. World Investment Advisors increased its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 65.7% during the fourth quarter. World Investment Advisors now owns 11,119 shares of the company’s stock worth $506,000 after acquiring an additional 4,407 shares during the period. Corient Private Wealth LLC raised its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 4.7% in the fourth quarter. Corient Private Wealth LLC now owns 104,221 shares of the company’s stock valued at $4,753,000 after acquiring an additional 4,715 shares in the last quarter. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at $853,000.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.0%

NYSEARCA:RSPT opened at $62.30 on Thursday. Invesco S&P 500 Equal Weight Technology ETF has a 12-month low of $39.95 and a 12-month high of $67.49. The firm has a market cap of $5.44 billion, a PE ratio of 26.94 and a beta of 1.33. The stock has a fifty day moving average price of $58.84 and a 200 day moving average price of $50.93.

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.