Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Holdings Cut by Activest Wealth Management

Activest Wealth Management lowered its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 3.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 397,318 shares of the company’s stock after selling 12,680 shares during the quarter. Invesco S&P 500 Equal Weight Technology ETF makes up about 4.7% of Activest Wealth Management’s investment portfolio, making the stock its 6th largest holding. Activest Wealth Management’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $14,979,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. International Assets Investment Management LLC acquired a new position in Invesco S&P 500 Equal Weight Technology ETF during the 2nd quarter valued at approximately $27,000. Kimelman & Baird LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 2nd quarter worth about $33,000. Allspring Global Investments Holdings LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the third quarter worth approximately $38,000. Peterson Financial Group Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the third quarter valued at $39,000. Finally, Mather Group LLC. bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 2nd quarter valued at about $48,000.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

NYSEARCA RSPT traded up $0.40 on Thursday, hitting $38.01. 86,147 shares of the company were exchanged, compared to its average volume of 527,374. The company’s 50 day moving average price is $37.58 and its 200-day moving average price is $36.54. The firm has a market capitalization of $4.31 billion, a P/E ratio of 25.99 and a beta of 1.69. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $29.68 and a twelve month high of $39.04.

About Invesco S&P 500 Equal Weight Technology ETF

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.