Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) is Chicago Wealth Management Inc.’s 6th Largest Position

Chicago Wealth Management Inc. grew its holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 3.5% during the second quarter, HoldingsChannel reports. The fund owned 268,445 shares of the company’s stock after purchasing an additional 9,079 shares during the period. Invesco S&P 500 Equal Weight Technology ETF accounts for about 5.7% of Chicago Wealth Management Inc.’s investment portfolio, making the stock its 6th biggest holding. Chicago Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $9,841,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Graypoint LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 1st quarter valued at $15,052,000. EP Wealth Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 867.8% during the first quarter. EP Wealth Advisors LLC now owns 472,434 shares of the company’s stock worth $16,625,000 after purchasing an additional 423,620 shares during the last quarter. StoneX Group Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the first quarter worth about $12,915,000. Strategic Financial Concepts LLC lifted its holdings 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 purchasing an additional 258,060 shares during the last quarter. Finally, Cascade Wealth Advisors Inc acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the 1st quarter valued at about $8,469,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Down 0.7 %

NYSEARCA:RSPT opened at $37.78 on Friday. The company has a market capitalization of $4.28 billion, a PE ratio of 25.99 and a beta of 1.69. Invesco S&P 500 Equal Weight Technology ETF has a 52-week low of $26.09 and a 52-week high of $38.50. The stock’s 50 day moving average price is $36.17 and its 200 day moving average price is $35.56.

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.