Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Stock Position Reduced by FRG Family Wealth Advisors LLC

FRG Family Wealth Advisors LLC decreased its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 1.5% in the second quarter, Holdings Channel reports. The institutional investor owned 225,245 shares of the company’s stock after selling 3,400 shares during the quarter. Invesco S&P 500 Equal Weight Technology ETF makes up approximately 1.1% of FRG Family Wealth Advisors LLC’s holdings, making the stock its 17th largest position. FRG Family Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $7,638,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Choreo LLC raised its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 9.2% during the 2nd quarter. Choreo LLC now owns 19,325 shares of the company’s stock worth $707,000 after purchasing an additional 1,635 shares in the last quarter. Raub Brock Capital Management LP raised its position in Invesco S&P 500 Equal Weight Technology ETF by 1.0% during the second quarter. Raub Brock Capital Management LP now owns 143,500 shares of the company’s stock valued at $5,261,000 after acquiring an additional 1,429 shares in the last quarter. Koss Olinger Consulting LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the second quarter valued at approximately $368,000. Strategic Financial Concepts LLC grew its position in Invesco S&P 500 Equal Weight Technology ETF by 3,520.6% in the second quarter. Strategic Financial Concepts LLC now owns 265,390 shares of the company’s stock worth $97,000 after acquiring an additional 258,060 shares in the last quarter. Finally, FineMark National Bank & Trust acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 2nd quarter worth $538,000.

Invesco S&P 500 Equal Weight Technology ETF Trading Up 1.3 %

RSPT stock opened at $35.22 on Tuesday. The firm has a market cap of $3.99 billion, a PE ratio of 25.99 and a beta of 1.69. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $26.09 and a 1 year high of $38.50. The company has a fifty day simple moving average of $36.34 and a 200 day simple moving average of $35.37.

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.