Rovin Capital UT ADV Lowers Stock Holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Rovin Capital UT ADV decreased its holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 5.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 10,841 shares of the company’s stock after selling 653 shares during the period. Rovin Capital UT ADV’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $409,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of RSPT. Blue Trust Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 134.1% in the 3rd quarter. Blue Trust Inc. now owns 5,163 shares of the company’s stock valued at $189,000 after purchasing an additional 2,958 shares during the last quarter. Oppenheimer & Co. Inc. raised its holdings in Invesco S&P 500 Equal Weight Technology ETF by 2.7% in the first quarter. Oppenheimer & Co. Inc. now owns 18,078 shares of the company’s stock valued at $636,000 after buying an additional 468 shares during the period. Sequoia Financial Advisors LLC grew its stake in Invesco S&P 500 Equal Weight Technology ETF by 72.6% during the third quarter. Sequoia Financial Advisors LLC now owns 16,408 shares of the company’s stock worth $619,000 after buying an additional 6,900 shares during the period. Dynamic Advisor Solutions LLC increased its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 7.3% in the second quarter. Dynamic Advisor Solutions LLC now owns 53,673 shares of the company’s stock worth $1,968,000 after acquiring an additional 3,635 shares in the last quarter. Finally, Strategic Financial Concepts LLC raised its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 3,520.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 265,390 shares of the company’s stock valued at $97,000 after acquiring an additional 258,060 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

NYSEARCA:RSPT opened at $38.92 on Friday. The business’s 50-day moving average is $37.22 and its two-hundred day moving average is $36.25. The firm has a market capitalization of $4.41 billion, a PE ratio of 25.99 and a beta of 1.69. Invesco S&P 500 Equal Weight Technology ETF has a 12 month low of $27.89 and a 12 month high of $39.04.

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.