Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Shares Sold by Lake Street Advisors Group LLC

Lake Street Advisors Group LLC lessened its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 4.8% in the 3rd quarter, Holdings Channel reports. The firm owned 6,500 shares of the company’s stock after selling 330 shares during the period. Lake Street Advisors Group LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $245,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RSPT. PNC Financial Services Group Inc. purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth about $252,000. Wealth Enhancement Advisory Services LLC lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 5.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 289,833 shares of the company’s stock worth $10,199,000 after buying an additional 14,332 shares in the last quarter. Raub Brock Capital Management LP purchased a new position in Invesco S&P 500 Equal Weight Technology ETF in the 1st quarter valued at approximately $4,999,000. Farmers & Merchants Investments Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the first quarter worth $131,000. Finally, SeaCrest Wealth Management LLC increased its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 5.6% during the first quarter. SeaCrest Wealth Management LLC now owns 51,166 shares of the company’s stock worth $1,801,000 after acquiring an additional 2,717 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

RSPT stock opened at $37.57 on Monday. The company’s 50 day moving average price is $37.06 and its 200 day moving average price is $35.97. The firm has a market capitalization of $4.26 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69. Invesco S&P 500 Equal Weight Technology ETF has a fifty-two week low of $26.09 and a fifty-two week high of $38.90.

Invesco S&P 500 Equal Weight Technology ETF Company 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.