Koshinski Asset Management Inc. Cuts Position in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Koshinski Asset Management Inc. decreased its position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 12.6% during the third quarter, HoldingsChannel.com reports. The fund owned 76,848 shares of the company’s stock after selling 11,029 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $3,426,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 160.3% in the second quarter. JPMorgan Chase & Co. now owns 1,451,125 shares of the company’s stock valued at $59,177,000 after purchasing an additional 893,554 shares in the last quarter. Raymond James Financial Inc. raised its stake in Invesco S&P 500 Equal Weight Technology ETF by 2.0% during the second quarter. Raymond James Financial Inc. now owns 1,426,364 shares of the company’s stock valued at $58,167,000 after purchasing an additional 28,061 shares in the last quarter. RMG Wealth Management LLC lifted its position in Invesco S&P 500 Equal Weight Technology ETF by 3.4% during the third quarter. RMG Wealth Management LLC now owns 1,374,742 shares of the company’s stock valued at $61,767,000 after purchasing an additional 44,919 shares during the last quarter. Horizon Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 3rd quarter worth $48,608,000. Finally, Osaic Holdings Inc. grew its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 5.4% in the 2nd quarter. Osaic Holdings Inc. now owns 809,735 shares of the company’s stock worth $33,028,000 after buying an additional 41,480 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Stock Up 0.5%

Invesco S&P 500 Equal Weight Technology ETF stock opened at $47.03 on Friday. The company’s 50-day moving average price is $46.72 and its 200-day moving average price is $44.95. The company has a market cap of $4.09 billion, a PE ratio of 26.94 and a beta of 1.26. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $28.52 and a twelve month high of $48.96.

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.