American Financial Advisors LLC Sells 2,859 Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

American Financial Advisors LLC cut its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 6.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,623 shares of the company’s stock after selling 2,859 shares during the quarter. American Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $1,494,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 3.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 293,913 shares of the company’s stock worth $11,081,000 after purchasing an additional 9,679 shares in the last quarter. Heritage Oak Wealth Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 3rd quarter worth approximately $227,000. Blackston Financial Advisory Group LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 3rd quarter worth approximately $497,000. Valicenti Advisory Services Inc. increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 2.7% during the 3rd quarter. Valicenti Advisory Services Inc. now owns 59,481 shares of the company’s stock worth $2,242,000 after purchasing an additional 1,573 shares in the last quarter. Finally, Yoder Wealth Management Inc. increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 5.3% during the 3rd quarter. Yoder Wealth Management Inc. now owns 131,215 shares of the company’s stock worth $4,947,000 after purchasing an additional 6,603 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

NYSEARCA:RSPT traded up $0.49 during trading hours on Tuesday, reaching $38.11. 139,501 shares of the stock were exchanged, compared to its average volume of 547,208. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $26.09 and a twelve month high of $38.90. The firm has a 50 day moving average of $37.07 and a 200 day moving average of $36.00. The stock has a market cap of $4.32 billion, a PE ratio of 25.99 and a beta of 1.69.

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.